Investment

Germany to invest 200 billion euros in energy

To Energy Bloom : ” Chancellor Angela Merkel is planning to spend 200 billion euros ($263 billion) developing an energy program that will create a series of offshore wind farms that will cover an area six times the size of New York City. “ ” (…) Germany has a plan to boost its renewable energy …

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Throwing money out of the window

In this economy, I am sure you are careful about how you spend your money and really think about how you will make ends meet this month or the next as the economy might head toward another recession as oil prices go up. However, each time you are putting 50 euros in your gas tank, …

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$260 billion were invested in Cleantech in 2011

Remember my post on how a trillion had been invested in cleantech ? Well, the trend is accelerating as $260 billion (approx. 200 billion euros) were invested in 2011 alone as Bloomberg New Energy Finance reported. So, everything wasn’t so bad last year and especially not for the United States, which reclaimed their leadership from …

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China to increase – again – its efforts

The situation is critical in the People’s Republic of China as everyday it is becoming more and more evident than business-as-usual scenario would doom the country, and the world. As the air pollution in Beijing is reaching truly horrifing levels the local government has called to ” reduce emissions of “major pollutants” by as much …

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One trillion dollars has been invested in cleantech

According to Bloomberg New Energy Finance, a trillion dollars – that’s a thousand billion, or 748 billion euros – has been invested in renewable energies, energy efficiency and smart energy technologies since 2004. As stated in the article : ” Annual clean energy investment has risen nearly five-fold, from $52bn (39 billion euros) in 2004 …

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Investments in renewables surpass fossil fuels

These are great news, just in time for the current climate talks taking place in Durban as to a new report from Bloomberg, global investments in renewables are surpassing for the first time ever the amounts invested in fossil fuels. With economies of scale and scope, both solar energy and wind power are getting cheaper …

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China to invest $313 billion in cleantech

According to Reuters : ” China will invest 2 trillion yuan (about $313 billion or 230 billion euros) to promote a green, low-carbon economy in the next five years, a senior economic planning official was quoted on Sunday as saying. ” The article goes on : ” (…) The green economy plan includes setting up …

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Cleantech investments increased by 32% in 2010

If you think the economic downturn is plaguing every sector, think again. To the UNEP : total global investments in clean energy grew by 32 percent in 2010 to $211 billion (146 billion euros). However, there is a catch : To Grist : ” For the first time ever, developing countries lead yearly investment in …

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We are heading for a major planetary catastrophe

To Common Dreams : ” Humanity is near to breaching the sustainability of Earth, and needs a technological revolution greater and faster than the industrial revolution to avoid “a major planetary catastrophe,” warns a new United Nations report. “The World Economic and Social Survey 2011: The Great Green Technological Transformation,” published today by the UN …

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A million solar homes… in Bangladesh

At first I couldn’t possibly believe it, it had to be a sinister joke : there would be a million solar homes in Bangladesh…  I was wondering : How could such a poor country such as Bangladesh could afford to have a million houses with solar panels ? Indeed, the country has a GDP per …

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