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$1 Trillion Green Market Seen by 2030 |
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Thursday, 18 October 2007 |
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Global sales from clean energy sources like wind, solar, geothermal power and biofuels could grow to $1 trillion a year by 2030 according to U.S. bank Morgan Stanley. Solar power will lead the way with an estimated 11.2% of the market followed by 9.6% from wind (up from the current 0.9%). Several factors justify these estimates, including global population growth and soaring prices for fossil fuels.
Read the full article at Reuters Environment
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