UN: the first time in more than investment in green energy investment in fossil fuels

United Nations data released today show that last year more than green energy investment in fossil fuel power generation more attractive, which is the first time in history.

Wind, solar and other environmentally friendly technology has attracted 140 billion U.S. dollars of investment, compared to natural gas for power generation and coal of 110 billion U.S. dollars investment. This 140 billion in cash, more than one-third of the green was voted to the United Kingdom and other European countries.

Renewable energy investment is the largest growth in China, India and other developing countries. Them to stop using fossil fuels in order to enhance energy security, addressing climate change, is rapidly catching up with Western countries.

United Nations Environment Program Executive Director Achim Steiner said, "In recent years we have reached many milestones, but this report shows that renewable energy has now reached a critical point. In the global energy mix, it and fossil fuels are equally important (if not more important). "He added that a variety of new types of renewable energy is attracting capital, at the same time in different regions, such as Kenya, Angola, also joined recently, so this is a very encouraging thing.

The United Nations continues to believe that between 2009 to 2011, also need to invest in the world 750 billion U.S. dollars. The first quarter of this year for investment in renewable energy is a disturbing decline of 53% to 13.3 billion U.S. dollars.

Source: www.in-en.com Jun. 6, 2009