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Global investments into clean-energy technology reach record high

Global investments into clean-energy technology reach record high

Amy Harder of Axios reports that global investments into clean energy have reached a record high.

The C3 Take
  • 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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