Fact Checks

  • FACT: More companies and investors are investing in clean energy than ever before, and significant cost reductions have ensured they’re getting more “bang for their buck.”

  • There was $254 billion invested in renewable energy worldwide in 2013. There's been $856 billion invested in renewables over the last three years. (Bloomberg, January 2014, http://bloom.bg/1aoin4B)

  • 81% of U.S. business leaders feel that the use of renewable energy is something that can help their business. (ACORE, June 2014, http://bit.ly/1nMyVu8)

  • Private-sector investment in the U.S. clean energy sector surpassed $100 billion in 2012–2013. (ACORE, March 2014, http://bit.ly/1nrXqeN)

  • Renewable energy technologies are increasingly able to do more with less investment. For example, the world invested less money in solar energy in 2013 than in 2012, but still added 39 gigawatts of capacity, 8 more than in 2012. (United Nations Environment Program, April 2014, http://bit.ly/1kD4SE3)

  • Increased investment in wind energy and solar energy has led to a reduction in equipment costs by 43% and 80%, respectively, over the last 4 years. (U.S. Partnership for Renewable Energy Finance, April 2014, http://bit.ly/1iiosb9)

  • Clean energy investment in the 1st quarter of 2014 grew by 9% compared to the 1st quarter of 2013. (Bloomberg, April 2014, http://bloom.bg/P4Xs1K)

  • Six major tech companies - Apple, Box, Facebook, Google, Rackspace, and Salesforce - have committed to a goal of powering data centers with 100 % renewable energy. (Greenpeace, April 2014, http://bit.ly/Pj4Qrg)

  • 60% of Fortune 100 companies have set clean energy targets. Those targets have helped those companies save $1.1 billion annually. (CERES, June 2014, http://bit.ly/1ns2K2U)

  • 128 companies and 49 investors, representing over $800 billion in assets, recently sent an open letter to President Obama expressing support for the EPA's Clean Power Plan. (Business for Innovative Climate and Energy Policy, June 2014, http://bit.ly/1gYMpV7)

  • Goldman Sachs intends to invest $40 billion in renewable energy by 2021, calling the clean energy market "incredibly compelling." (ReCharge News, January 2014, http://bit.ly/JGmqTa)

  • Berkshire Hathaway intends to double the amount of money it has invested in renewable energy. Currently, the conglomerate has $15 billion invested in renewable energy. (Houston Chronicle, June 2013, http://bit.ly/1iSsLWw)

  • Global solar energy investment is $100 million. The U.S. is the third largest solar market in the world. (USA Today, June 2014, http://usat.ly/1n1Mndp)

  • In the last year, the value of Solar City has more than doubled, and solar stocks have soared. In fact, research firm RW Baird named solar stocks their "favorite subsector of 2014." (CNBC, January 2014, http://cnb.cx/1cVBPZL)

  • There was $73.5 billion invested in wind energy worldwide in 2013. (Pew Charitable Trusts, April 2013, http://bit.ly/1lWwYIJ)

  • NYSERDA, New York's Green Bank, raised over $24 million in its first ever clean energy bond offering. (NYSERDA, August 2013, http://on.ny.gov/1lTI3KO)

  • Thanks to an innovative combination of power-purchase-agreements and government-backed bonds, New Jersey's Morris County has invested in renewable energy with electricity rates 35% to 60% lower than those offered from a local utility. (Brookings Institute, April 2014, http://bit.ly/1l8uR6s)

  • There's been $5.5 billion invested in Nevada's clean energy economy since 2010. (The Oklahoman, March 2014, http://bit.ly/OHfYNZ)

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