This will be one of the most important energy trends of the 21st century

From Frank Holmes of U.S. Global Investors:

... This week’s chart breaks down share of global energy consumption by developed markets—the U.S., Western Europe, Japan and others represented by the Organization for Economic Co-Operation and Development (OECD)—and the rest of the world.

You can see that the OECD’s share of global energy consumption has tumbled from nearly 70% in 1965 to well below 50% last year.

Meanwhile, the lights are shining bright in...

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This green energy is set to soar next year

From OilPrice.com:

The U.S. geothermal power sector is poised for significant growth in 2011, thanks to the economic stimulus package.

Approximately 500MW to 700MW of geothermal power projects will enter the final construction phase next year, an increase from 162MW in 2010 and 125MW in 2009, according to the Geothermal Energy Association's (GEA) market update.

Many of these projects would not have proceeded without government stimulus because of the recession, said Karl Gawell, GEA’s executive director. "Stimulus has been good news for geothermal energy," he added.

The Treasury grant provisions of the stimulus bill have...

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