Here is some excellent news about humanity’s transition out of the carbon era. But note: “China added 35 GW of new renewable power generating capacity in 2014, more than the combined build of the US, UK, and France combined.”
Once again the U.S. is falling behind.
Clean energy investment of $126 billion represents an increase of $35.5 billion, or 39%, on 2013 clean energy investment levels.
Most importantly, however, this figure eclipsed the amount of clean energy investment attracted by the world’s wealthiest countries. On top of that, developing nations made the most out of this investment by building more wind, solar, and other renewable power generation than ever before.
This, according to Climatescope, “the clean energy country competitiveness index, interactive report, and online tool supported by the UK government, US government, and the Inter-American Development Bank Group” and offering “a compelling portrait of clean energy activity in 55 emerging markets in Africa, Asia and Latin America and the Caribbean” including “major developing nations China, India, Pakistan, Brazil, Chile, Mexico, …