Economic gloom threatens renewables investment

June 2009
Nature;6/4/2009, Vol. 459 Issue 7247, p627
Academic Journal
The article reports on the impact of economic downturn to the energy sector. A report from the International Energy Agency (IEA) states that renewable-energy projects are threatened by the crisis in terms of investment. The report predicts that a sharp fall in energy demand could see a drop of up to 3.5% in 2009 in global electricity consumption. A government stimulus spending is proposed to initiate additional public and private investment in renewable energy.


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