Greg Ip of The Wall Street Journal outlines why financing the multi-trillion-dollar energy transition is not that hard.
- A new report from the International Energy Agency estimates that the world needs to invest $4 trillion a year to transition to a low carbon economy.
The private sector is leading the way to a cleaner energy future and will continue to invest in low carbon technologies when it is in their best interest to do so.
- Investments in the energy transition totaled half a trillion dollars last year.
Read the full article here.