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Date: 23 July 2010
Global clean energy economy grows
Categories for this story: International, Renewables

A new report from respected Washington DC-based think-tank the Pew Center reveals that the global “clean energy” economy experienced tremendous growth over the past five years – with investment growth of 230% since 2005, to a record $200bn in 2010.

In Who's Winning the Clean Energy Race? Growth, Competition and Opportunity in the World's Largest Economies Pew argues that for the private sector, the clean energy economy presents a “significant and expanding market opportunity.”

Within the G-20, Pew’s research finds that domestic policy decisions impact the competitive positions of member countries. Those nations – such as China, Brazil, the UK, Germany and Spain – with strong national policies aimed at reducing global warming pollution and incentivising the use of renewable energy are establishing stronger competitive positions in the clean energy economy.

http://www.pewglobalwarming.org/cleanenergyeconomy/pdf/PewG-20Report.pdf


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