A new UN finance report was just released showing global investment in renewables (wind, solar, biofuel, geothermal) in 2008 ($US155b) for the first time exceeded investment in fossil fuels like coal/natural gas (US$110b). Most encouraging is that although developed nations posted the most clean energy investment, there was a strong investment shift within developing countries (in particular China and India). The Clean Industrial Revolution is happening and Australia must break our addiction with the old fossil-driven economy of the past or we’ll end up digging up high-carbon resources that the world will not want – not a particularly wise economic strategy.
‘If you only buy one book on climate change, this should be it.’
Professor John Quiggin, Economist, Author of 'Zombie Economics'
'Humanity's greatest challenge is to minimise the consequences of climate change. With challenge comes opportunity. This book is about opportunity'
Professor Peter Doherty, Nobel Prize winner
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