{"id":1733,"date":"2005-11-08T15:46:00","date_gmt":"2005-11-08T15:46:00","guid":{"rendered":"http:\/\/sustainablog.greenoptions.com\/2005\/11\/08\/renewable-energy-2005\/"},"modified":"2005-11-08T15:46:00","modified_gmt":"2005-11-08T15:46:00","slug":"renewable-energy-2005","status":"publish","type":"post","link":"https:\/\/sustainablog.org\/articles\/renewable-energy-2005\/","title":{"rendered":"Renewable Energy, 2005"},"content":{"rendered":"
The Renewable Energy Policy Network for the 21st Century (REN21)<\/a> has released it’s Renewable 2005: Global Status Report<\/a> (in PDF), and the numbers look good: “Global investment in renewable energy set a new record of $30 billion in 2004…” Among other items listed in the report’s executive summary:<\/p>\n I’d love for someone with more knowledge of\/experience in economics to comment on this, especially in relationship to a recent post<\/a> in which I noted that managers of renewable energy mutual funds are urging investors to stay cautious on renewable energy. Again, I’m sure there’s fear of a bubble developing, with many investors looking for a quick, profitable turnaround on their investment rather than sustainable development of renewable technologies. Still, we’re obviously dealing with a sustained demand for renewable energy products and services — wouldn’t this signal that the renewable industry could move quickly into a “blue chip” status rather than being a replay of the “dot com” bust? I see that parallel being drawn, and it seems too simplistic… I also realize I’m pointing only to the extreme ends of the market…<\/p>\n Categories: renewable<\/a>, energy<\/a>, growth<\/a>, investment<\/a>, solar<\/a>, biofuels<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The Renewable Energy Policy Network for the 21st Century (REN21) has released it’s Renewable 2005: Global Status Report (in PDF), and the numbers look good: “Global investment in renewable energy [ … ]<\/p>\n","protected":false},"author":56,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\n\n
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