Solar power investment to surpass fossil fuel spending
The International Energy Agency says that solar power investment will surpass oil production spending this year.
According to the International Energy Agency, solar power investment will surpass oil production spending this year. Clean energy spending is set to grow 24% this year to $1.7 trillion – while fossil fuel spending will grow 15% to $1 trillion. YES, it's obscene that so much is still being spent on fossil fuels. BUT with $1.7 being spent on solar for every $1 spent on fossil fuels, maybe the scales are tipping in the other direction?