Global investment in green energy fell sharply in the first three months of 2012 as European financial woes, upcoming U.S. elections and fears of declining federal support fed a “destabilizing uncertainty,” a report unveiled Thursday finds.
New financial investment fell 28 percent from the prior quarter to $27 billion, according to Bloomberg New Energy Finance, which called the first quarter 2012 tally “the weakest since the depths of the financial crisis” in early 2009.
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Global green-energy investment drops - The Hill's E2-Wire
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