Amy Harder of Axios reports that global investments into clean energy have reached a record high.
- Record-high investments signal a market demand for renewable and clean energy sources, making overbearing mandates and wasteful stimulus packages for renewable energy unnecessary.
- Scaling up our clean energy deployment is essential to lowering our emissions.
- A majority of these investments went to traditional renewables such as solar or wind, while alternatives like carbon capture received far less.
“Global investment in the low-carbon energy transition was $501.3 billion in 2020, up 9% from 2019 despite the pandemic driving the world into a recession.”
Read the full article here.
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