Global Climate Change Response Can Spur $7 Trillion in Clean Energy Investment by 2030: CERA Analysis

February 5, 2008 Increasing public concerns about climate change — and its potential economic and political security consequences — are driving public policy and private investment to bring clean energy technologies from the fringes of the global energy industry to the center of activities as quickly as possible, a new analysis by Cambridge Energy Research Associates (CERA) has concluded. The result of this rising public and private momentum is an increase in worldwide clean energy investment that could surpass US$7 trillion by 2030 in cumulative real 2007 dollars, according to the CERA report Crossing the Divide: The Future of Clean Energy.

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