Green energy investment roundup

Booming sales for wind turbines ... Tesco devoting $100m for renewable energy use in its stores ... global investment reaching $70.9b in green energy ... 34% companies of NEX index are not profitable ... NEX index growing at 30 percents over the last 4 years ... EU targets 12 percent renewable energy usage by 2010, double current levels ... Stern report estimates that cost of reducing carbon emission will be 20-24 euros per tonne of CO2 ... Goldman Sachs takes a 10% stake in Climate Exchange, which trades on carbon emissions ... wind has been the best performing sector so far ... expectations that the wind sector will grow 21 per cent next year and the solar power sector by 25 per cent ... more and more companies are becoming profitable ... check www.investability.org and www.eiris.org for information about clean energy funds

Excerpts from : Cleaning up on energy investments