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US urged to back trillion dollar clean energy opportunity

2013-01-18 12:22:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The United States government has been urged to provide greater policy stability for the renewables market, after a new report found global clean energy investment could total $1.9tr (1.2tr) between 2012 and 2018. The Pew Charitable Trusts published research yesterday predicting revenue from the installation of renewable energy technologies, including wind and solar projects, would grow at a compound annual rate of eight per cent from $200bn in 2012 to $327bn by 2018, delivering cumulative revenue...

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