Sunday, April 3, 2011

Green energy investment seeing strong rise, says WEF

Wind farm Wind power can compete with fossil fuel rivals without government subsidies, WEF says
Global investment in clean energy projects saw a big rise last year and is poised for further strong growth, a report suggests.
Investment topped $243bn (£152bn) in 2010, a rise of 30% on the $186bn spent a year earlier, the World Economic Forum (WEF) said.
It added that more clean energy sources could now compete with fossil fuels.
Higher energy prices were also likely to increase demand for clean energy, WEF said

1 comment:

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