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Clean Energy Investment Hits $2.2 Trillion, Nearly Double Fossil Fuels

Despite historic political headwinds against the global decarbonization effort, clean energy spending continues to see a meteoric rise around the world. The International Energy Agency’s World Energy Investment 2026, published in May of this year, projects that of the $3.4 trillion dollars that the world will spend on energy investments this year, $2.2 trillion will go to clean energy, and just $1.2 trillion will go to fossil fuels. This marks a historic shift in energy spending and in energy security priorities on a global level. Worldwide,…

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Despite historic political headwinds against the global decarbonization effort, clean energy spending continues to see a meteoric rise around the world. The International Energy Agency’s World Energy Investment 2026, published in May of this year, projects that of the $3.4 trillion dollars that the world will spend on energy investments this year, $2.2 trillion will go to clean energy, and just $1.2 trillion will go to fossil fuels. This marks a historic shift in energy spending and in energy security priorities on a global level. Worldwide,…

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https://oilprice.com/Energy/Energy-General/Clean-Energy-Investment-Hits-22-Trillion-Nearly-Double-Fossil-Fuels.html

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