Last year was a double milestone for decarbonizing the world’s energy system. 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. The money flowing into the upstream, midstream and downstream segments of oil and gas, and into fossil fuel-fired power generation without emissions reduction technology, was $1.1 trillion last year.

BING NEWS:
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    Welcome to The Hill’s Sustainability newsletter{beacon} Sustainability Sustainability   The Big Story Costs of burning fossil fuels dwarf costs of energy transition: ...
    04/17/2024 - 4:00 am | View Link
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    04/16/2024 - 2:37 am | View Link
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    04/16/2024 - 12:01 am | View Link
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    04/11/2024 - 1:30 am | View Link
  • EU Climate Goals Require $2.7 Trillion in Energy Infrastructure Investment
    European energy infrastructure needs $2.7 trillion in investment to reach the ... a function currently handled by fossil fuels," the report says. To boost investment to such levels in the coming years ...
    04/9/2024 - 12:17 am | View Link
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