Saturday, 1 November 2014
Last updated 22 hours ago
Dec 7 2009 | 6:39am ET
Investment in renewable energy could reach a record $200 billion worldwide in 2010 regardless of the outcome of climate talks in Denmark, New Energy Finance chair Michael Liebreich told Bloomberg News.
Liebreich, whose firm provides research into the clean energy sector, said private and public spending on technology like solar panels and wind turbines will rise about 50% from $130 billion in 2009, as companies like Hong Kong’s CLP Holdings Ltd and American Electric Power Co launch large-scale projects.
Government spending on green energy will more than double year on year in 2010 to $60 billion said Liebreich, pointing to the U.S., China and 10 other nations that have approved green energy stimulus funding worth $177 billion over several years.
Joe Muscat, director of cleantech at New York-based Ernst & Young, told Bloomberg:
“Country by country, state by state, regulations will continue to spur demand independent of what might happen in Copenhagen.”
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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