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Friday, September 9, 2011

Global Outlook on Renewable Energy

Wind Turbines for Clean Energy
Are you looking for essay on clean energy or renewable energy?

In our earlier post entitled “Facts about Clean/Renewable Energy” we mentioned about 7 facts relative to the development of clean/renewable energy.  In general, we expressed positive news about the rapid rise in investment on clean energy.  We also stressed that it is possible that in the near future clean energy can directly compete with fossil fuels like coal, gas and oil.

However, this does not mean that there are no more stumbling blocks on the way to cleaner and greener Earth.  It is also a reality that clean energy requires investment from the government.  In view of the faltering global economy and financial markets, investment on clean/renewable energy may take a back seat in the agenda of different countries.  

Alternative energy is vulnerable in a downturn because it depends on subsidies from cash-strapped governments, while some technologies are viewed as risky, fossil fuel prices have fallen, and as climate change slips down the global agenda,” said Nina Chestney of Reuters.

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