Clean energy investments hit $1.1 trillion in 2022, roughly matching fossil fuels investment for the first time ever, according to a BloombergNEF analysis released Thursday. Clean energy investments, which include investments in
Global investment in clean energy fell by 18 percent last year, according to new research from Bloomberg New Energy Finance. Investment still lags behind the level needed to meet the goals laid
The International Energy Agency (IEA) released a new report that finds the amount invested in solar in 2023 outpaced the amount invested in oil exploration and production, marking the widening gap between
The collapse of Silicon Valley Bank (SVB) is generating questions about the viability of the clean energy companies it financed, as the bank had long been a favorite of renewable startups because
San Giovanni a Teduccio is a working-class neighborhood on the outskirts of Naples, Italy. Once an industrial center, today it’s home to abandoned factories that sit in ruins by the sea. But
It would be cheaper to build new renewable energy capacity than it is to continue operating nearly every existing coal plant in the U.S., a new report from Energy Innovation finds. Of
Things are going to be rough for a while, the International Energy Agency warned on Wednesday. While clean energy investments are increasing, those increases "are not enough to replace fossil fuels," the
UN Secretary General Antonio Guterres called for countries to fast-track infrastructure and eliminate bureaucratic barriers to expanding clean energy adoption, Wednesday, as the international body issued an alarming report. Guterres also described,
Commerce Secretary Gina Raimondo will pressure big businesses to drop their opposition to President Biden’s $3.5 trillion funding plan, which includes substantial investments to combat climate change. The business lobby — including
Last week, General Electric announced it would close a California gas plant 20 years ahead of schedule. The Inland Empire Energy Center in California, the company said, was “uneconomical to support further”
At the start of 2017, just 22 cities had committed to sourcing all of their power from clean energy by 2050. As of this week, that number is 72. Since President Trump
Climate change is expected to drive demand for clean energy in the decades ahead, giving an edge to countries that invest in the manufacture and export of low-carbon technologies. Despite this, President
Last week, EPA chief Scott Pruitt called the Paris Agreement a “bad deal.” He claimed China has made no significant efforts to curb carbon pollution, while the United States has sacrificed jobs to meet
Donald Trump dislikes a lot of things for many reasons. One of those things is wind power. “I have a problem with wind,” the president-elect recently told the New York Times. “First
When Vermont resident Bill Laberge decided he wanted to try a new career after 26 years as a custom furniture maker, he turned toward the sun. A longtime volunteer at his state’s
Enthusiasm about the future of clean energy often comes in one of two varieties. Sometimes, the energy transition is nipping at our heels. Other times, it’s already here, transforming the world before
Nobody said the third industrial revolution would be easy. As is often the case with systemic change, it’s hard to see radical progress when you’re in the thick of a transition — and the
Three years ago, Tarabhai Lakshmi Koli, 43, her construction worker husband, and their two grown sons, moved into their first real house in Siddapurwadi, a rural remote hamlet of 500 households in
It’s a common refrain from the naysayers: the United States shouldn’t act on climate unless China and India go first. But China and India are taking big steps to limit carbon pollution,
Monya’ (pronounced “Monet,” like the French artist) Chapman, 53, lives with her 77-year-old mother in a house she rents in West Baltimore, a neighborhood she describes as moderate- to low-income. She earns