Global Investment in Renewable Energy Has Stalled

Global Investment in Renewable Energy Has Stalled, by Steve Goreham.

So why is renewable investment faltering? One answer is that renewable projects are heavily dependent upon subsidies, and subsidies are being cut. The combination of rising electricity prices and budget-busting subsidy bills is forcing nations to cut back. …

Renewable energy investment has stagnated, buried by rising energy prices and unaffordable subsidies. The world is being forced to return to sensible energy policies based on cost, performance, and real environmental benefit.

hat-tip Chris