More money was invested in renewables ($367 billion US) than in fossil fuels ($253 billion US) in 2015. Developing nations passed developed countries in terms of money invested. Two of the leaders in this trend were China ($110.5 billion US) and India ($10.9 billion US), who were first and fourth in terms of global ranking. Despite intense political conflicts, America and the UK increased their investments 7% and 23% respectively. Overall, Clean Energy Canada’s latest TRACKING THE ENERGY REVOLUTION reports that while fossil fuels crashed, clean energy investments soared in 2015.
The ECOreport publishes Part 2 of The 5 Most Attractive Nations for Renewable Investments: The Other Face of Chinese Development
By Roy L Hales
There is no modern parallel for the pace of Chinese development. Economically speaking, China was a third world nation only decades ago. Now it has surpassed the US and enters 2015 as the World’s leading economyand biggest polluter. The other face of Chinese development is that it also leads the World in the development of renewable energy.
The Five Most Attractive Nations For Renewable Investments Part One: The United States, A Nation Divided
By Roy L Hales
Climate Change is upon us. The signs are everywhere, for anyone not actively denying them. So are the avenues to change our planet for the better, though some nations have not yet resolved to pursue them. So who are the 7 most attractive nations for renewable investments?