The quarter-full glass of Rio

Rio 20 took the spotlight and while it offered little in the way of a lead for clean energy investment, there were a couple of positives for the sector. Meanwhile, the US, Europe and South America all had significant solar developments in the news.

Shares in quoted clean energy companies slipped around 3 per cent between the close in New York last Tuesday and the middle of Monday’s trading session – a suitably damp reaction to last week’s Rio 20 United Nations Conference on Sustainable Development.

To be fair, the gathering, 20 years after the Earth Summit of 1992 in Rio de Janeiro, was not expected to do much directly for investment in clean energy, still less for sector stock prices.

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