Archive for July 2nd, 2008
Investments in renewable energies are booming
Posted by: on July 2, 2008 in Tags: Business, renewables, solar
According to the UNEP, multiple factors are benefiting renewable energies as world investment in this sector rose by 60 percent in 2007 compared to 2006.
Investment reached last year $148 billion (93 billion euros) and this trend is most likely to continue as forecasts mention $600 billion per year by 2020.
As we can see, a sheer revolution is taking place and this new report strongly reinforces my willingness to work in this sector. Continue reading »
India announces its first climate change mitigation plan
Posted by: on July 2, 2008 in Tags: Climate change, India
The government of the world’s largest democracy announced this week it’s first plan ever to mitigate climate change and to move toward a more sustainable development. This is great news.
However, there are no real targets in any specific subject such as renewable energies - with a specific mention of solar - water, agriculture and energy efficiency.
I personally think that the more defined targets will come once all rich countries will have pledged to reduce their own emissions and proposed help to India. Continue reading »
