Wednesday, March 4, 2009

Clean energy investment not on track to avoid climate change

(New Energy Finance) The economic crisis has affected clean energy investments such that their growth is no longer on track avert the worst impacts of climate change, according to leading sector analysts. The analysis will be presented at the second New Energy Finance Summit in London Wednesday, March 4. NEF says lower economic activity due to the financial crisis will reduce CO2 emissions but in the longer term the drying up of funding for lower-carbon energy is likely to have far greater adverse impact on emissions.

Clean energy investment not on track to avoid climate change

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