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US tops global clean energy investment rankings

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Mark Kinver
US tops global clean energy investment rankings
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The US has regained top spot from China as the biggest investor in clean energy in 2011, according to global rankings.

The table, published in a report by the Pew Charitable Trusts, showed that US invested more than $48bn (£30bn) in the sector, up from $34bn in 2010.

China slipped to second place, the authors reported, with investment only increasing by $0.5bn to $45.5bn.

Globally, overall financial backing in clean energy technologies hit a record $263bn, up 6.5% from 2010 levels.

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Arctic oil rush will ruin ecosystem, warns Lloyd's of London

Author: 

Julia Kollewe and Terry Macalister
Arctic oil rush will ruin ecosystem, warns Lloyd's of London
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Insurance market joins environmentalists in highlighting risks of drilling in fragile region as $100bn investment is predicted

Lloyd's of London, the world's biggest insurance market, has become the first major business organisation to raise its voice about huge potential environmental damage from oil drilling in the

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