The Sustainable Energy Finance Institute has released their 2008 global trends report. The report consists primarily of the amount of money going into companies and projects. I read through the Executive Summary, since the whole report of 70 pages seems a bit too much to wade through. I am not that interested in how much money was raised last year for these investments and how much it increased from 2006, but one fact caught my eye as significant:

Sustainable energy accounted for 31 gigawatts (23%) of new power generation capacity added worldwide in 2007, and 5.4% of installed generation capacity.

That’s right, almost 1/4 of new power capacity was of the renewable variety! That is a pretty good step towards reducing the amount of fossil fuel used worldwide.

More on this topic (What's this?)
Natural Gas, the New King of Energy (Wealth Daily, 1/11/12)
How to Lower Your Energy Bills for Free (Investment U, 1/6/12)
America: Energy Self-Sufficient By 2030 (Wall Street Daily, 1/23/12)
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