Friday, 22 January 2010 10:20
Total investment in clean energy is expected to reach its highest levels ever in 2010, after a 2009 dip, with New Energy Finance predicting investment of $200 billion in the upcoming year. The outlook for a robust 2010 was reflected at the conference, with 600 stands set up for the event, nearly double the amount from last year( http://www.time.com/time/specials/packages/article/0,28804,1954176_1954175,00.html).
Speakers at the conference included Lord Nicholas Stern, who spoke of the opportunities inherent in the transition to a low-carbon economy. “This is a new Industrial Revolution which will probably be more exciting than the steam engine, the railways, electricity, the motor car or information technology," he said.
With even Abu Dhabi, one of the biggest oil producers in the world, funneling investment and leadership into renewable energy, now is the time for Australia to also capitalise on the opportunities of a clean energy future.
-Tracy Elsen, The Climate Institute New Media & Publications Manager
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