Yes that’s right, the New York Times reports that according to a report by the United Nations Environment Program, of the $255 billion spent in building new power plants and generators in 2008, $140 billion was spend building infrastructure for renewable energies.

While that does not mean that newable energies are overtaking fossil fuels in the global netowrk, it’s at least encouraging to see that even as the world was plunging into a recession, there has been efforts made to invest in cleaner and more efficient energy sources. 

The interesting trend is to note that the main investments didn’t come from countries like the US or the EU but from China and other developping countries, that is to say the very countries which are more likely to be affected by the dramatic changes in the Earth climate.

So there’s still much work to be done, but it’s yet another step