Wednesday, May 7, 2008

Moving From the Fringe

A UN report “Global Trends in Sustainable Energy Investment" states that ‘the idea of renewable energy being a fringe interest of environmentalists [has come to a full stop]. It is now a mainstream commercial interest to investors and bankers alike.’

It took high oil prices and an array of government incentives to get here but the huge flows of investment capital into renewable energy, which reached $100 billion for the first time in history last year, indicates that the sector is now re-emerging.

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