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QOTD: Renewables Investing Passed Fossil Fuels in 2008
Paul Kedrosky's Infectious Greed — ... or even just a back-door sign of outsized stimulus, but this quote from a recent UNEP sustainable energy investing report caught my attention: 2008 was the first year that new power generation investment in renewables was greater than invest in fossil-fueled technologies. Specifically, according to the report, $140-billion went into renewables worldwide in 2008, while $110-billion went into fossil fuels. Source: Global Trends in Sustainable Energy Investing, 2009 UNEP ...

A Cleantech Revival? Or Bubble?
Daily Markets — ... also pointed out that a United Nations Energy Programme report indicated that renewable energy investment (at $140 billion ) had surpassed fossil fuel investment (at $110 billion) in 2008. Are these signs of a cleantech revival? Or bubble? Algae as a case study To answer that question, I would like to tell you the story of an email I received from a friend, who is an enthusiastic supporter of algae as a readily available alternative to petroleum-based energy sources. To be sure, algae oil does have promise as an alternative fuel source. It can be grown relatively easily. ...