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Tag new energy

India leads the world in cleantech investment growth

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India leads the world in cleantech investment growth

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India’s transformation into a cleantech powerhouse moved up a gear in 2011 when it racked up investments of $10.3bn in the sector, a growth rate of 52 per cent year on year that dwarfed the rest of the world’s signifi...

Green energy investment hits record global high

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Green energy investment hits record global high

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Global investment in renewable energy sources grew by 32% during 2010 to reach a record level of US$211bn (£132bn), a UN study has reported. The main growth drivers were backing for wind farms in China and roof...

Pressure Builds to End $4 Billion in Taxpayer Subsidies for Oil Companies

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Pressure Builds to End $4 Billion in Taxpayer Subsidies for Oil Companies

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In these days of federal budget-cutting (and high gas prices), it was only a matter of time before subsidies for oil companies came under closer scrutiny. That moment has come. Chatter has been building for a few w...

China tops global clean energy table

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China tops global clean energy table

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China remains the world's leading investor in low-carbon energy technology, a global study has shown. The table, published by the US Pew Environment Group, showed that the Chinese invested $54.4bn (£34.1bn) in 2010,...