Global clean energy investment has continued a near-decade-long rally in 2011, rising 6.5 percent to a record $263 billion.* Excluding research and development, the sector has grown more than 600 percent since 2004.
The Pew Charitable Trusts' research demonstrates that around the world nations are jockeying for a leadership position in this increasingly competitive sector. The opportunity presented by clean energy promises growth in jobs, manufacturing and exports. But, national policies are necessary for countries to fully appreciate these growth opportunities and readily compete globally.
In 2011, the United States lead the world in private clean energy finance and investment. But, the U.S. clean energy sector will be hard-pressed to sustain 2011's record levels of investment with the expiration of key grants, loans and stimulus programs. Without consistent federal policy, the United States' competitive position is likely to become even more precarious.
American clean energy businesses and manufacturers have the potential to enhance productivity and grow their workforce but, they must get engaged in the national energy debate.
The Innovate, Manufacture, Compete: A clean energy action plan conference will bring key leaders from the clean energy and manufacturing sectors together to discuss and hear about how renewable energy and efficiency can be an essential part of reinvigorating America's manufacturing base.
The conference will offer attendees an opportunity to hear from a bi-partisan selection of nationally recognized thought leaders in the clean energy and manufacturing fields.
This exclusive event is by invitation only.
* All monetary values are 2011 United States dollars (USD). This figure includes all investment, public and private (including research and development), in G-20 and non-G-20 countries.
Who's Winning the Clean Energy Race? 2011 Edition, Pew Charitable Trusts.