07 November 2005

Renewable Energy's Investment Hockey Stick

This seems to me to be a very healthy trend.

According to a report released today (Download - PDF) by the Renewable Energy Policy Network for the 21st Century, or REN21, global investment in renewable energy set a new record of $30 billion in 2004. That's a far, far bigger number than others have projected, such as the Cleantech Venture Network, which just ten days ago projected that investments in clean technology -- a broader category than just renewable energy -- would total $10 billion between 2005 and 2009.


Is it enough? I don't have the tools or experience to guess, but the fact that such investment last year wos triple the predictions for the next five must be good. Could it be that there has been a sea-change in attitudes?

WorldChanging: Another World Is Here: Renewable Energy's Investment Hockey Stick: On Del.icio.us: , , , , , ,

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