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Nation lags in renewable energy via The Japan Times online

Global investment in renewable energy hit a record-high of $211 billion in 2010, up 32 percent from the previous year’s $160 billion, the U.N. Environment Program reported Thursday.

Japan’s domestic investment, centering on solar power generation equipment for households, accounted for only around 1.5 percent of the total at about $3.3 billion, highlighting the country’s late start in the growing field of renewable energy in the world.

Investments in developing countries overtook those in developed countries for the first time, the report said. By country, China, which has been constructing large-scale wind farms, was the global leader, at $48.9 billion.

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