Green energy investment tops $1 trillion, matches fossil fuels

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Investment in cleaner energy is on the verge of overtaking spending on fossil fuels for the first time ever after exceeding $1 trillion last year, a report on Tuesday said.

PARIS, France —

This is up 31 percent on the previous year, and marks the first time the investment total has been measured in trillions. China — the world’s biggest polluter — was by far the largest investor in energy transition, with the United States a distant second. With the exception of nuclear power, the researchers said all other sectors saw record levels of investment.

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