Energy Subsidies: Fossil Fuels vs Renewable Energy
Publicerat:
2012-01-20 15:42
2012-01-20
CleanTechnica: Despite disproportionate support for fossil fuels, a November 25, 2011 Bloomberg article reveals that in terms of new power-plant investments, renewable energy is surpassing fossil fuels for the first time. Electricity generated by wind, sun, waves and biomass drew $187 billion last year, compared with $157 billion for natural gas, oil and coal. Last year was also the first time expenditure in developing countries exceeded that of the industrialized world.
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