The US overtook China to regain top position as the world’s leading investor in “clean” energy last year, according to Bloomberg New Energy Finance, the FT reports. It was the first year since 2008 that the US has been ahead of China as the world’s largest market for investment in renewable energy, biofuels and energy efficiency. However, it may drop back again this year after the end of two key subsidy programmes introduced as part of the 2009 economic stimulus package: grants for renewable energy projects and government loan guarantees to encourage private sector investment.

This entry was posted by Kate Mackenzie on Friday, January 13th, 2012 at 4:49 and is featured in The 6am Cut London (13 Jan 2012) . Tagged with biofuels, clean energy, energy, energy efficiency, renewable energy, Stimulus. Edit this entry.