2012 clean energy investment sinks 11% to $269bn
Total funds invested in clean energy globally slipped by 11% in 2012 to $268.7bn from a revised figure of $302.3bn in 2011. Policy uncertainty, market overcapacity, and tighter credit conditions in some nations were all to blame, but declining wind, solar, and other equipment costs also played a major role. Indeed, despite the significant investment drop, new clean energy generating capacity actually deployed appears to have risen in 2012.
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