Wednesday, January 30, 2013

Stunning Fact: Renewables Are 50% Of Global New Electricity Capacity

Falling costs and rising concern about climate change are fueling a global boom in renewable energy.

Renewables now account for approximately 50% of global new electricity capacity.  Wind, solar, hydro, and biomass are cumulatively providing more than 100,000 megawatts of new capacity per year.

While renewable energy is already a big business around the world, the best days for renewables are ahead.  Why?  Costs of renewables continue to decline and temperatures and seas continue to rise.

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