IEA Report: Clean Energy Investment Now Outpaces Fossil Fuels Nearly 2-to-1 at $2.2 Trillion
By
Ingmar Rentzhog
Summary
The International Energy Agency's new World Energy Investment 2026 report reveals that global energy investment is set to reach $3.4 trillion this year, with $2.2 trillion flowing into clean energy (renewables, nuclear, grids, storage, efficiency, electrification) versus $1.2 trillion into fossil fuels (oil, gas, coal). This marks a historic shift where clean energy is outspending fossil fuels nearly two to one, despite political backlash against climate action.
Source
bskyIEA Report: Clean Energy Investment Now Outpaces Fossil Fuels Nearly 2-to-1 at $2.2 Trillionforbes.comKey quotes
· 5 pulledFor every dollar the world invests in fossil fuels today, it invests nearly two in clean energy.
Despite record political backlash, the money keeps moving in one direction, and it is not the direction the headlines suggest.
Global energy investment is set to reach about $3.4 trillion this year.
Roughly $2.2 trillion is expected to flow into clean energy, including renewables, nuclear, grids, storage, efficiency and electrification.
About $1.2 trillion will go to oil, gas and coal.
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