By Zack Colman - 11/14/12 01:38 PM EST
A recently approved ballot measure and the start of a cap-and-trade emissions program is drawing more green energy investment to California, notes Reuters.
Global carbon dioxide emissions rose by 2.5 percent to a record 34 billion tonnes in 2011, says Reuters, citing Germany’s renewable energy institute.
Bloomberg reports that a wind lobby says the global wind market is expected to take a dip. The lobby said uncertainty surrounding a U.S. credit for wind power production, shrinking capacity on China’s electric grid and lower carbon prices in Europe all factor into weaker demand for wind power.