5. Brazil, 5 percent of world total
Renowned for its biofuel production, Brazil is also involved with developing technologies such as solar water heating, and for relationships with countries outside its region, such as China. Brazil boosted large investments into the wind sector through government auctions for contracts since introducing them in 2009. Brazil seeks to further renewable development and burnish its green credentials through supporting and attracting foreign investment into solar energy - as well as a pledge to have solar power in all twelve venues for the 2014 World Cup.
4. China, 7.6 percent of world total
China
is the largest energy consumer and second-largest net importer of oil
(as of 2009). China is also the global leader in clean energy sector
investment, with half of its financing in wind.
3. Spain, 7.8 percent of world total
Spain
imports the majority of its energy, though in April wind power became
its largest source of electricity generation. Spanish producers are also
building turbines and installing wind farms internationally, including
in the U.S. Spain’s clean energy market has been a magnet for investment
over the past decade, though the Spanish government has halted
subsidies for renewable energy investment as it is a debt-burdened
economy.
2.
Germany, 11.7 percent of world total
Germany
has taken the controversial step of vowing to phase out nuclear power
by 2022 in favor of other sources. It is the only country in the G-20 economic
bloc to project a decline in clean energy investment, partly because of
being an early leader in renewable energy as well as competition from
Asian producers.
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