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Renewable Energy Investments Set New Record, Twice of Coal and Gas

2016-03-25 14:18:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: Global investment in renewable energy was more than twice that of coal and gas last year, according to a new report, despite plummeting fossil fuel prices. Renewable energy investment totaled a record $286 billion, with China, India, Brazil and other developing countries accounting for $156 billion in 2015. Chinas investment alone rose 17 percent from the year prior, representing 36 percent of the global total. Experts expect this surge to continue, while coal remains in decline; China also announced...

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