Getting climate, energy & environment news right.

Clean Energy Attracts Half A Trillion Dollars Of Funding For First Time

Mike Scott on Forbes writes that clean energy reached half a trillion dollars of funding for the first time in 2020.

The C3 Take
  • Globally, investments into clean energy reached half a trillion dollars.
  • American investment into clean energy decreased slightly, due in large part to COVID-19.
  • Markets, not mandates, are leading the way to clean energy growth and development.

“BNEF says that companies, governments and households invested $303.5 billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50 billion surge for offshore wind. They also spent $139 billion on electric vehicles and associated charging infrastructure, up 28% and a new record.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

Copyright © 2020 Conservative Coalition for Climate Solutions

Subscribe to our exclusive email designed for conservatives who care about climate.

Help us promote free market solutions for climate change.

Thank you for signing up

Help us promote sensible solutions for both planet and prosperity.

Download Now

The Left’s Top 10 Climate Denials

Download Now

nikola-majksner-hXNGeAFOgT4-unsplash