News Analysis: Investors move toward alternative energy

Investment in renewable energy and low carbon technology has more than doubled in the past two years...

Investment in renewable energy and low carbon technology has more than doubled in the past two years and is set to grow another 30% to $63.3b this year, according BlackRock Mlim. Merrill Lynch International Investment New Energy fund (MLIF) co-manager Poppy Allonby believes new energy technologies are becoming mainstream, in the wake of a global move toward alternative energy. “Environmental pressure and voter concern, security of energy supply worries, rising traditional energy prices and falling alternative energy costs are pushing new technologies towards the top of governments’ agen...