Jason Barton

Professional Information and Energy News

Energy ministers: $25 trillion investment by 2030 to meet rising demand

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It’s important to note that this is not investment in clean or alternative energy research, only the investment needed to meet rising demand.

(AP) – 2 days ago

CANCUN, Mexico — Energy ministers gathered at an international forum Wednesday estimated the world will have to invest $25 trillion over the next two decades to satisfy energy demand.

“The projected global investment needs to amount to over $25 trillion up to 2030, a huge challenge in a time of unprecedented uncertainty and volatility,” according to a statement from the 12th International Energy Forum being held in the Caribbean coastal resort of Cancun.

Read the entire article here.

Written by Jason

April 4th, 2010 at 1:35 pm