Money is pouring into renewable energy. And it's a global trend. The United Nations on Wednesday reported that $100 billion went into renewable energy and efficiency technologies last year. That's a record--up $20 billion from 2005. Indications are 2007 will set another record. You can read a summary of the United Nations report here.
Once dominated by North America and Europe, renewable energy investments are spreading out. Last year, 9 percent went into China. Investors from India were active in acquisitions.
Money's coming from stock markets, venture capital investments and private individuals. Publicly traded renewable energy stocks … Read more