Clean Energy's Bright ReboundBy
The last year-and-a-half have taken the clean energy industry on a roller-coaster ride. Among the minuses, the sector suffered from a shortage of financing for projects such as wind farms and solar parks and there was last December's disappointing outcome of the Copenhagen climate change conference. Among the pluses, prices of renewable energy technologies fell sharply, improving renewable energy's cost-competitiveness, and major countries announced $184 billion worth of "green stimulus" programs.
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