Sunday, August 28, 2011

Surprisingly, More Renewables than Nuclear

Who would have guessed: worldwide, there is now more installed energy capacity for renewable sources than for nuclear, according to a new Pew/Bloomberg survey. (And yes, "installed capacity" doesn't mean "energy production.")

There was $243 B invested in clean energy last year, up 33%. Dismally, the U.S. accounted for only 14% of that -- Europe, 39%. Germany now has more renewable energy installed than the U.S, with 1/4th our population.

China got $54 B of last year's investment, or 22%. Or, $20 billion more than the U.S.

China now produces half the world's wind and solar equipment. We install oil pipelines atop one of the best aquifers in the world from environmentally ravaging tar sands.

Other surprising facts:
  • prices of solar panels have dropped 60% in the last 30 months.
  • by the end of this year solar modules are expected to cost half what they did 4 years ago.
  • Last autumn, Germany's environment ministry reported that renewable-energy jobs had doubled since 2004, to 340,000. Remember that next time a right-winger complains that there are no green jobs.

Alberta Tar Sands
Alberta Tar Sands

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