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Renewable investment dives Australia, bucking global trend

2015-01-10 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Herald: Investments in renewable energy rose to record levels globally in 2014 but fell sharply in Australia because of uncertainty triggered by the Abbott government's review of the industry, Bloomberg New Energy Finance said. Worldwide investment in wind farms, solar photovoltaics and other clean energy sources jumped 16 per cent last year to $US310 billion ($383 billion), or more than five times the tally of a decade earlier. Solar investments accounted for almost half the total. China led the way,...

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