The US has regained top spot from China as the biggest investor in clean energy in 2011, according to global rankings.
Globally, overall financial backing in clean energy technologies hit a record $263bn, up 6.5% from 2010 levels.
The report, Who is Winning the Clean Energy Race, showed that G20 nations accounted for 95% of the investment in the sector (which does not include nuclear power).
Over the course of the year, an additional 83.5 gigawatts (GW) was added to the world’s clean energy generation capacity, including almost 30GW of solar and 43GW of wind.
“The sector continues to expand and is outpacing growth in the overall (global) economy. The sector reached its trillionth dollar of investment last year,” observed Phyllis Cuttino, director of Pew’s Clean Energy Program.
“We now have 565GW of installed (generation) capacity around the world. That outstrips nuclear installed capacity by 47%.
(Photo credit: Pew Charitable Trusts)
Yay! I’m sure this has to do, at least in part, in the ridiculous amount of money T. Boone Pickens invests in wind in Texas. Now all I need to do is convince one of these people to give me a job as their attorney.