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Clean Energy Sets $1.1 Trillion Record That's Bound to Be Broken.

Authors :
Bullard, Nathaniel
Source :
Bloomberg.com; 1/26/2023, pN.PAG-N.PAG, 1p
Publication Year :
2023

Abstract

However, both grew significantly in relative terms: Carbon capture investment almost tripled while hydrogen investment more than tripled. It was the first year when investment in the energy transition equaled global investment in fossil fuels, according to the latest data release from clean energy research group BloombergNEF. Inflation did play a role in the increase in invested dollars last year - but not that much of a role, given that inflation in the range of 8% is less than a third of the total year-on-year dollar increase. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
161523032