Monday, April 19, 2010

Pole positions in clean-energy

The Pew Environment Group led by Director JOSHUA REICHERT analyze trends in the clean energy sector within the G-20 economies over the past 5 years and are sanguine about the sector that is forecast to grow by 25% to $200 billion in 2010 on the back of a prioritization on clean energy funding by the G-20 governments. In a report titled “WHO’S WINNING THE CLEAN ENERGY RACE? Growth, Competition and Opportunity in the World’s Largest Economies”, they state that nations such as China, Brazil, U.K, Germany and Spain with their strong, national clean energy policies were leading the clean energy economy sweepstakes and other countries would need to more actively evaluate policies to stimulate clean energy investment and compete effectively for clean energy jobs and manufacturing.

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