Renewable energy grows

 
City A.M. Reporter
RENEWABLE energy sources supplied 16.7 per cent of global energy consumption in 2011, but the $257bn of investment in the sector was still 15 per cent lower than into fossil power generation, two bodies reported yesterday.

The investments were a 17 per cent increase on the previous year and 94 per cent higher than in 2007, according to reports from the UN Environment Programme and the Renewable Energy Policy Network for the 21st Century.