Getting climate, energy & environment news right.

Investors Turn to SPACs for Clean-Energy Bets

Rebecca Elliot of The Wall Street Journal writes that investors are turning to special acquisition companies(SPACs) to invest in clean energy.

The C3 Take
  • Wall Street is moving from oil and gas to invest in renewable energy.
  • Investments in oil and gas are expected to slip from $1 trillion annually to $935 billion annually by 2030.
  • Private sector investment is leading the charge to reduce our emissions and grow clean energy.

“For the first time on record, private-equity firms globally have done more deals this year in clean technologies than in oil and gas, though the average deal size was smaller, according to PitchBook data as of early December.”

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