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Renewable Energy Investment up 18% in 2014

Renewable Energy Investment Ramps-up in 2014, Even Though Fossil Fuels Receive Larger Subsidies

Renewable Energy Investment
Renewable Energy Investment continues to increase even though the subsidies that fossil fuels receive are four to six times higher than those that renewable energy receives, depending upon which study you reference.

According to a new report, renewable energy investment grew to $391 billion in 2014, an increase of 18 percent over the previous year. The report also highlighted China’s rapidly expanding green sector, which racked up growth of 36 percent in installed solar and wind energy in 2014.

The green tide has provided a strong hope that the COP 21 Climate Summit in Paris could represent a turning point in the global fight against climate change.


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Planetary Energy Graphic

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U.S. Energy Subsidies

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U.S. Jobs by Energy Type

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Energy Water Useage

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U.S. Energy Rates by State

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Our energy comes from many sources, including coal, natural gas, nuclear and renewables.

As nonrenewable sources such as coal diminish due to market forces and consumer preference, the need for renewable energy sources grows.

Some U.S. states satisfy their growing renewable energy needs with wind, solar and hydropower.

Wind: Texas has the capacity to generate 18,500 megawatts hours of electricity through wind, and expects to add another 5,000 megawatts of wind generation capacity from facilities under construction.

Solar: California’s solar farms and small-scale solar power systems have 14,000 megawatts of solar power generating capacity.

Hydroelectric: Washington state hydroelectric power produces two-thirds of its net electricity.

Information courtesy of ChooseEnergy.com

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C40 Cities Initiative

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A Living Wage

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