In the past several decades, there is no question that the opportunity for investment in the clean energy economy has increased exponentially. In fact, the Pew Environment Group predicts that, if legislative policies are initiated by G-20 countries as expected, more than $2.3 trillion will be invested in clean power
This week’s energy news looks bad for the United States – at first glance. The nation has slipped to second behind China in clean energy investment. Moreover, five of the G-20 nations have surpassed the US for clean energy investment relative to size of economy.
But look a little deeper into the report,
Does that headline grab you? If not, these numbers should:
If that has not grabbed your attention yet, consider that in January of this year, Continental Airlines completed a test flight using a biofuel mixture, which included fuel derived from algae. The test flight yielded a 1.1 percent increase in fuel efficiency compared to a jet engine using traditional jet fuel.
That isn’t exactly a great leap forward, but achieving incremental increases in fuel efficiency coupled with the latest engine technology, as well as use of new materials in aircraft production, such as the Boeing 787, could signal a dynamic shift for the airline industry.