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10 months ago

Climate Action 2007-2008

Back to the future:

Back to the future: INVESTING IN CLEAN ENERGY ENERGY 138 Investments in clean energy reached new heights in 2006 with over US$100 billion financial transactions in the global sustainable energy sector. Looking back from 2050, researchers might see this investment-high as the tipping point for the future energy market; the point where renewable energy and energy efficiency technologies not only moved to the mainstream, but became the fundamental components of the global energy system. SIGNALS We are beginning to experience full scale industrial development, not just a tweaking of the energy system. VISIT: WWW.CLIMATEACTIONPROGRAMME.ORG

TRENDS } } } } } } } ENERGY 139 BEATING PREDICTIONS The US$21.5 billion of financing in renewable energy plants represents about 18 per cent of total power sector investment in 2006. Such numbers are hardly trivial. VISIT: WWW.CLIMATEACTIONPROGRAMME.ORG