Wind and solar are making an impressive showing around the world. Green energy investments are up 32 percent over the last year, according to the United Nations.
What makes the numbers look even better is that the global recession has taken a toll on all types of energy production. But the mere fact that financial backers of renewable energy technologies are still on the hunt bodes well for the sector, particularly as the economy improves.
All told, the UN Environmental Program says that global investments in the green sector are up by one-third to $211 billion. Wind investments in China and solar rooftop installations in Europe and especially Germany played a role. At the same time, the report says that government-sponsored research and development climbed to $5 billion.
To read the full, original article click on this link: Green Economy Sprouting | EnergyBiz
Author:Ken Silverstein
