renewable+energy

While many national governments carry on debating the costs of combating climate change and embracing renewable energy and clean technology, Germany’s government is instituting incentives, regulations, market-based mechanisms and public-private partnerships that have made it a world leader in renewable energy and clean technology, and have contributed to economic growth to boot.

Global renewable energy and clean technology investment set another record in 2007 and is weathering the credit crisis and economic weakening relatively well so far in 2008, according to a study released today by the UN Environment Program.

Global CO2 emissions could be reduced 50% by 2050 without sacrificing economic growth by focusing on development and use of 17 key advanced energy technologies, the IEA asserts in its latest bi-ennial “IEA Energy Technology Perspectives” report.