Investment

UN : resource consumption may triple by 2050

To Cleantechies : ” A new UN report warns that humans could triple the natural resources they consume by 2050 unless economic growth is “decoupled” from current consumption rates.” ” In developed nations, individuals consume an average of 16 tons per capita of minerals, ores, fossil fuels, and biomass each year, and as much as …

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India to add 17 GW of renewables by 2017

According to Cleantechnica : ” India plans to invest $37 billion (26 billion euros) to create 17,000 MW of renewable energy generation by 2017, the ministry for new & renewable energy has said. ” ” The present installed renewable energy capacity in India is 20,000 MW which accounts for 11% of the total installed power …

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Cleantech : 2001-2010 and 2010-2020

Cleantechnica got another interesting article, this time on what the past ten years meant to cleantech and what the next ten years could bring. The occasion is given by Clean Edge’s market research. ” With growth rates like seen in the telephone industry (…) during comparable revolutions, clean energy options like solar and wind have …

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2% of global GDP can trigger greener growth

According to the United Nations Environmental Program (UNEP) : ” Investing two per cent of global GDP into ten key sectors can kick-start a transition towards a low carbon, resource efficient Green Economy “ ” The sum, currently amounting to an average of around $1.3 trillion a year (…) would grow the global economy at …

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USA unveil $53 billion high speed rail investments

American high speed rail supporters, rejoice ! To Ecogeek : ” Vice President Joe Biden announced that the Obama administration is investing $53 billion in high speed rail development over the next six years.” Yes, you read it right : President Obama is really willing to invest nearly 40 billion euros in high speed rail …

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Global clean power: A $2.3 trillion opportunity

While browsing the people I follow on Twitter I found an interesting study from the Pew Charitable Trust noting that global clean power investments could reach $2.3 trillion by 2020. Yes, that’s 1,750 billion euros ! ” the report extrapolated from 2009 clean energy investments to conclude that such financing could reach US$2.3 trillion globally …

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Developing nations go massively in wind power

To CleanTechies developing nations will install more than 22,000 MW of wind power capacity in 2010. Of course, China is behind an important part of this, but countries like India, Mexico are also moving forward on clean energy. “If policy ambition has stalled in the industrialized world, it has if anything accelerated this year in …

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More investors demand climate change action

We have seen previously that large investors completely understand how climate change mitigation is critical. Last year, more than 200 investors representing $13 trillion in assets demanded action on climate. Now, according to the United Nations, the movement is growing to 259 investors with $15 trillion in assets. This represents over a quarter of global …

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South Africa to build a 5,000 MW solar park

The main problem with renewables today is scale. Even if they are growing faster and faster, we very rarely see projects that will bring more than a few hundred megawatts to the grids. But it is changing. Indeed, to CleanTechies, South Africa will soon build a five gigawatt park where technologies in photovoltaic and concentrated …

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South Korea to invest $35 billions in energy

” The South Korean government has announced that it intends to invest $35.4 billion in the renewable energy sector over the next five years as it aims at reducing its dependence on fossil fuels and build a green economy for the future.” “The South Korean government announced the ‘Green Korea’ plan in September 2008 which …

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