Money makes the world go round. And when it comes to energy, we’re seeing more investment than ever: companies, research institutions, and governments are all pouring money into technologies that could help power our world in the future.
The International Energy Agency just published its annual report on global investment in energy, where it tallies up all that cash. The world saw about $2.8 trillion of investments in energy in 2022, with about $1.7 trillion of that going into clean energy.
That’s the biggest single-year investment in clean energy ever, and where it’s all going is pretty interesting. Our climate reporter Casey Crownhart has some good news, some bad news, and a couple of surprising tidbits to share.Read the full story.
Casey’s story is from The Spark, her weekly newsletter giving you the inside track on all things climate. Sign up to receive it in your inbox every Wednesday.
Check out some of our other recent renewable energy stories:
+ Yes, we have enough materials to power the world with renewable energy. We won’t run out of key ingredients for climate action, but mining comes with social and environmental ramifications. Read the full story.
+ Busting three myths about materials and renewable energy. Here’s what you really need to know about mining and climate change. Read the full story.
+ Inside the little-known group setting the corporate climate agenda. The Science Based Targets initiative has earned praise for pushing companies to take climate action, but can voluntary emissions targets really get the world where it needs to be? Read the full story.