$ 2 Trillion Spent on Clean Energy

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clean-energy

Bloomberg reports that investors globally have spent a whopping $ 2 trillion on clean energy in the last decade. In 2014 alone, investors spent $270 billion on renewable technologies such as wind and solar brining in 103 gigawatts of clean power into the system.

“In 2014, renewables made up nearly half of the net power capacity added worldwide,” an executive of the United Nation Environment Program said. “The climate-friendly energy technologies are now an indispensable component of the global energy mix. Their importance will only increase as markets mature, technology prices continue to fall and the need to rein in carbon emissions become ever more urgent,” he added.

Interestingly, while declining prices for wind turbines and solar panels delivered 103 gigawatts for $270 billion, in 2011, $279

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