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Renewable Energy Investment May Reach $200 Billion in 2010
Mar 22nd
By Jeremy van Loon
March 17 (Bloomberg) — Renewable energy investment may rise by 23 percent this year as government stimulus funds mainly in the U.S. and Europe are spent on wind turbines and solar panels.
Spending may rise to between $175 billion and $200 billion this year from $162 billion in 2009, said Bloomberg New Energy Finance Chief Executive OfficerMichael Liebreich today.
“There’s a big bulge of stimulus money coming through this year,” he said during a press conference at the consultant’s annual conference in London. “The question is what happens when they switch off the stimulus.”
Governments in the U.S., China, Europe and More >
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Loading ...Video: @WFES2010 Citigroup’s Edward Says More Clarity Needed on CO2 Rules
Jan 18th
Jan. 18 (Bloomberg) — Garth Edward, director of environmental products at Citigroup Inc., talks with Bloomberg’s Rishaad Salamat about the World Future Energy Summit in Abu Dhabi and investment in renewable sources.
YouTube - Citigroup’s Edward Says More Clarity Needed on CO2 Rules.
(No Ratings Yet) Loading ...PG&E CUSTOMER REVOLT MAY THREATEN ROLLOUT OF OBAMA’S SMART GRID
Dec 30th
Dec. 30 (Bloomberg) — Consumer backlash and cost concerns may cause delays in the nationwide rollout of “smart” utility meters at the center of the Obama administration’s $8 billion push to update the U.S. electricity grid. PG&E Corp., owner of California’s largest utility, halted meter installations in Bakersfield, north of Los Angeles, after hundreds of customers complained that readings weren’t accurate. The meters, part of a so-called smart-grid initiative billed as clearing the way for more renewable-energy use, are designed to help consumers conserve power during periods of peak demand.
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