The numbers are in and 2010 proved a record year for green energy, investment with venture capitalists, corporations, and governments worldwide pouring $243 billion into wind farms, solar power, electric cars, and other technologies, according to a new report from Bloomberg New Energy Finance.
That's a 30 percent spike from 2009 and nearly five times the money invested in 2004, the research firm said.
"It flies in the face of skepticism about the clean energy sector among public market investors, who have been concerned about the sustainability of subsidy programs in Europe, the failure of the Obama administration to deliver a climate or an energy deal, and the crescendo of ill-informed doubts about climate change," Michael Liebreich, Bloomberg New Energy Finance's chief executive, said in a statement.
So, if you've got money to invest, find a green way to invest it. And keep encouraging governments to drop fossil fuel subsidies and increase renewable energy subsidies (which are driving investment and progress in renewable energy). That's such a no-brainer, but we all know that most governments don't run on brainpower these days.