IEA warns of ‘worrying trend’ as global investment in renewables falls

Fossil fuels increased share of energy supply investment last year – the first time since 2014

The world’s energy watchdog has sounded the alarm over a “worrying” pause in the shift to clean energy after global investment in renewables fell 7% to 8bn (£240bn) last year.

The International Energy Agency said the decline is set to continue into 2018, threatening energy security, climate change and air pollution goals. Fossil fuels increased their share of energy supply investment for the first time since 2014, to 0bn, and will play a significant role for years on current trends, the IEA said.

Continue reading...

View full post on Wind power | The Guardian

Be Sociable, Share!
You can leave a response, or trackback from your own site.

Leave a Reply

*