Renewable energy investment finally passes fossil fuels

The amount of investment in renewable energy has passed that in fossil fuels for the first time.

Electricity from the wind, sun, waves and biomass drew $187 billion last year compared with $157 billion for natural gas, oil and coal, according to calculations by Bloomberg.

Source, LA Times: http://www.latimes.com/business/la-fi-renewables-20111125,0,2421278.story


This related story has a nice graphic showing how the cost per unit of solar electricity has fallen since the 1970s:

Leave a Reply

Your email address will not be published. Required fields are marked *