Could it be that the world’s largest emitter of greenhouse gas is the same country that spends more on green technology than any other country?
Even as Congressional leaders continue to drag their feet on clean energy and many states keep renewables-related legislation on the back burner because of the still-sluggish economy, the U.S. military continues to invest money and research into green energy.
The newest report from the United Nations Environment Program (UNEP), in cooperation with Bloomberg New Energy Finance, a clean tech analytics firm, shows that the combined impetus of stimulus funding, feed-in tariffs (FiTs) and renewable portfolio standards (RPS) generated a record $211 billion globally in 2010 in renewable energy investment.
Mozambique, the southeast African nation once plagued by nearly three decades of civil war, plans to push for the development of renewable energy to provide more of its population with electrical service, according to a new government strategy announced this week (currently, 95% of Mozambicans live without electricity).
With the fossil fuels era winding down, renewable energy sources—like solar, wind, geothermal and hydro—could supply nearly 80 percent of the world's power needs by 2050, ultimately cutting greenhouse gas emissions and halting climate change, according to a United Nations panel of 120 researchers. The UN has long called for a public policy push toward cleaner energy alternatives.
The Ontario government, frequently touted as one of the greenest provinces in Canada for its investment in renewable energy, has done an about face on its support of offshore wind power. This move has left many fearing that the government is risking its reputation as a renewable energy leader.