Global investment in clean energy nearly doubles that of fossil fuels
- Admin
- Apr 26, 2024
- 1 min read
The world is shifting towards clean energy rapidly, with significant investments in renewables, particularly solar. China leads in clean energy investment, followed by the European Union and the United States. Solar is expected to play a major role in clean energy generation, with costs becoming more competitive. Despite challenges, such as varying wind power investment and declining hydropower, the momentum towards clean energy investment is strong. Coal demand remains high in some markets, while major oil and gas producers are increasing their investments in clean energy like solar and wind.
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