"The past few months have seen record levels of investment in alternative energy amid fears that high oil prices are here to stay."
I probably don't really need to say much except that government policy makers really ought to be paying attention.
"Currently, only around $20bn a year is invested worldwide in renewable energy capacity; mainly wind and solar, with some in biomass and biofuels. A further $5bn is spent on research each year, particularly into hydrogen and fuel cells. But that figure is bound to grow. New Energy Finance expects the figure to increase to over $100bn within a decade - a sustained compound annual growth rate of 15-20%."
ALTERNATIVE ENERGY BLOG - Solar-Energy-Wind-Power.com: Alternative Energy Investment:
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"Spend and tax" not "tax and spend"
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