.

We’ve Reached The Hump – The Total Yearly Carbon Dioxide Production Is No Longer Increasing

That is great news since energy usage was up 1.5 % and the world is showing positive economic growth.

That’s still 32.3 Billion Metric Tons being produced.

The tenth annual Renewables 2015 Global Status Report cites

“increased penetration of renewable energy” and improvements in energy efficiency as the chief reasons for the noted emissions stabilization.

135 gigawatts of renewable energy was added in 2014, bringing the world installed capacity up to 1712 gigawatts of renewable energy, that’s a 8.5% increase over 2013.

The article in Renewable Energy News went on to say:

Top Global Renewable Rankings

According to the report, the top five countries with the greatest annual investment in renewable power and fuels were China, the U.S., Japan, the U.K. and Germany.

Burundi was noted as the country with the greatest per-unit GDP investment in renewable power and fuels. China ranked first in hydropower, wind power, solar PV and solar water heating capacity. The U.S. took first in CSP capacity, biodiesel and fuel ethanol production. Kenya was ranked first in geothermal power capacity.

The countries with the greatest renewable power generation in 2014 were China, the U.S., Brazil, Germany and Canada.

Global Investment Up 17 Percent

Additionally, the report shows global investment in renewable power and fuels (not counting hydropower greater than 50 megawatts) rose 17 percent between 2013 and 2014. The report notes the greatest spending increase occurred in China.

A Call for an End to Fossil and Nuclear Subsidies

Not just a celebratory observance of the great gains made in recent years by renewable energy, the report also calls out continued annual subsidies for fossil fuel and nuclear energy as factors that may be stunting even greater renewable growth.

Get more details on this great news at the original article.