China is now the biggest investor in renewable energy & energy efficiency.
According to Grist, China invested $34.6B in 2009 while the US invested about 54% of that amount. Anyone care to guess who's going to do better in the long run?
But don't fret, folks. Shareholders in fossil fuel conglomerates will do just fine for quite a while yet.
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On slashdot I read that a German military think tank says that global oil production will peak around 2010, with likely effects on (inter)national security 10-15 years later. It mentions that the US military reported there could be serious shortages by 2015.
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