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.
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.’
Labels:
renewable energy
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