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The Gains and Benefits of Accelerating Net Zero /
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2024-06-06 10:02:56

The Gains and Benefits of Accelerating Net Zero on Nostr: Global Clean Energy Investment Projected to Reach $2.7 Trillion in 2024 ...

Global Clean Energy Investment Projected to Reach $2.7 Trillion in 2024
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#b8c81d81 ver:0.11

Global clean energy investment is projected to reach $2.7 trillion in 2024, twice the amount going into fossil fuels. China leads in clean energy investment, followed by Europe and the United States. Solar PV is expected to receive the majority of clean energy spending. However, there are still shortfalls in energy investment in emerging economies. The UK's net-zero targets have created a booming industry but mixed signals and policy U-turns have hindered overall prosperity. Achieving net zero will impose significant costs on advanced economies, accelerating the economic power shift to Asia. The UK is forecasted to be Europe's best-performing major economy, while China is projected to overtake the US as the world's largest economy. India's net-zero acceleration will create clean energy jobs and lead to significant health and economic benefits. Greater climate finance is needed to reach net zero by 2050. Investors should position themselves for a decarbonizing economy but also consider climate-related costs and opportunities. #CleanEnergy #NetZero #Investment #ClimateFinance...

#newstr #CleanEnergy #Investment #RenewableEnergy #InternationalEnergyAgency #China #Europe #UnitedStates #SolarPhotovoltaic #FossilFuels #OilAndGas

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