PARIS, France, June 25, 2023 (Maximpact.com Sustainability News) – US$ 2.8 trillion is set to be invested globally in energy in 2023 – a record amount. And US$ 1.7 trillion of that, more than half the total, is expected to go into clean energy technologies, with solar power set to eclipse oil production for the first time, finds the latest World Energy Investment report from the International Energy Agency (IEA).
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All the countries that top the greenhouse gas emissions list are among those cooperating on a long-term energy project that some say is also a long shot – nuclear fusion.
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Within two years China will open a national market-based cap-and-trade system to limit greenhouse gas emissions from some of its largest industrial sectors, President Xi Jinping announced late last month during his visit to the United States.
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