“Clean energy has gone from being the ‘right thing to do’ in combating climate change, to being the most cost-effective option for many energy-insecure countries,” said Carrie Thompson, deputy director of the U.S. Agency for International Development’s Regional Development Mission for Asia, during a day-long conference on renewable energy at the Wilson Center on October 27 (read part one of our coverage here).

The renewable energy sector has reached a critical inflection point where costs are competitive with fossil fuels and investment is ramping up in a big way, said more than a dozen experts at a day-long conference co-hosted by ECSP and the U.S. Agency for International Development’s Office of Global Climate Change on October 27.

The world has entered a new energy era. Last year, for the first time in four decades, the global economy grew without an increase in CO2 emissions, according to the Renewable Energy Policy Network for the 21^st Century.