Some energy experts have recently predicted that renewable sources (including wind, solar and hydroelectric) could provide up to 43% of the world’s energy supply by 2030, according to recent trends. However, the pace of renewable energy development is most rapid in those countries with national energy policies and incentives favoring renewable energy, which presently do not include the United States.
According to an October 10 report in the RenewablesBiz Daily, China leads the world in renewable energy development. Fueled by China’s aggressive government support for renewable energy development, RenewablesBiz reports that: Chinese companies control half the $45 billion global
Read more…Experts Predict Continued Expansion of Renewable Energy Globally, But Depends on Government Policies