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Efficiency Worth More Than Renewables at $310 Billion, IEA Says

2014-10-09 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Investments in measures to curb energy waste and boost efficiency are overtaking wind and solar spending and have reached at least $310 billion a year, the International Energy Agency said. Thats almost $100 billion higher than investment in renewable energy in 2013, which amounted to $213 billion, according to estimates from Bloomberg New Energy Finance. Demand dropped as much as 5 percent from 2001 to 2011, largely due to investments in efficiency, the Paris-based agency said today in a...

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