Clean tech could be worth more than oil by 2030

Posted on AllSides October 13th, 2021
From The Center
REUTERS/CAITLIN O'HARA/FILE PHOTO
ANALYSIS

Global investment in clean energy technologies is still far below where it needs to be for the world to reach net-zero greenhouse gas emissions by 2050, according to a major new report from the International Energy Agency. To close the gap, annual investment for the rest of this decade needs to be three times higher than it was in 2021.

The size of this gap has two important implications. First, for every year that goes by without a significant scale-up in investment, the gap for future years will be even greater, and the odds...

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