- Investment in clean energy technologies expected to surpass that of fossil fuels this year.
- More than $1.7 trillion to be invested in clean energy technologies in 2023.
- Solar panels and electric vehicles are driving the growth in clean energy spending.
- Investment in coal supply set to rise 10% this year to a fresh record.
- Annual investment in clean energy technologies needs to double by 2030 to limit global warming to 1.5C.
Solar Power Investment Set to Surpass Oil Production Spending This Year
Investors will pour more money into solar power than in oil production this year for the first time, signaling the scale and speed of the transition to low-carbon sources of energy.
Will Mathis
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