ast year was a double milestone for decarbonizing the world’s energy system. It was the first year when investment in the energy transition equaled global investment in fossil fuels, according toThe money flowing into the upstream, midstream and downstream segments of oil and gas, and into fossil fuel-fired power generation without emissions reduction technology, was $1.1 trillion last year.
BNEF tracks six other sectors in the energy transition, and all but one of them also set annual investment records last year.received $6.3 billion in 2022 and hydrogen a little over $1 billion. However, both grew significantly in relative terms: Carbon capture investment almost tripled while hydrogen investment more than tripled. Both technologies have made big promises in the past half-decade, and investment is now following.
Clean ? 🤭 Green ? 😂 Time is a laughing machine 😂😂😜
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Clean Energy Investment Hit $1.1 Trillion In 2022 | OilPrice.comThe energy transition appears to be gaining speed, with investments in clean energy jumping by 31% to $1.1 trillion in 2022
Source: OilandEnergy - 🏆 34. / 68 Read more »
Damning report lays bare lack of investment in North of EnglandThink-tank says region of 15 million people held back by 'vast inequalities' and 'systematic underinvestment'
Source: MENnewsdesk - 🏆 23. / 69 Read more »
North of England sees lowest investment of advanced economies, think tank findsThe report found the UK as a whole also ranked very low in terms of investment, resulting in 'vast inequalities' and 'systematic underinvestment' in research and development, social infrastructure and transport.
Source: SkyNews - 🏆 35. / 67 Read more »
Manchester Airport announces £440m investment for facilitiesThe funding is the final phase of a £1.3bn transformation which has seen Terminal 2 double in size. It could quardruple in size and open the worlds largest shopping mall - it would still be the worst ran airport in the world. Needed, terminal 3 is a shithole
Source: BBCNews - 🏆 3. / 97 Read more »
Glasgow residents to get improved recycling service with £21 million investmentThe multi-million pound funding will give residents separate collections of fibre, including paper and cardboard, and containers including metals, plastics, cartons and film. Perhaps if you actually collected the recycled waste more often? 3 bins for 6 flats and only uplifted every 16 days.................just saying!🤷♂️
Source: Glasgow_Live - 🏆 4. / 97 Read more »