{"id":579868,"date":"2023-05-27T11:36:09","date_gmt":"2023-05-27T06:06:09","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=579868"},"modified":"2023-05-27T12:22:25","modified_gmt":"2023-05-27T06:52:25","slug":"global-investment-in-clean-energy-is-on-course-to-rise-to-usd-1-7-trillion-in-2023-with-solar-set-to-eclipse-oil-production-for-the-first-time","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/global-investment-in-clean-energy-is-on-course-to-rise-to-usd-1-7-trillion-in-2023-with-solar-set-to-eclipse-oil-production-for-the-first-time\/","title":{"rendered":"Global investment in clean energy is on course to rise to USD 1.7 trillion in 2023, with solar set to eclipse oil production for the first time"},"content":{"rendered":"<p>Clean energy investment is outpacing spending on fossil fuels as concerns over affordability and energy security drive the momentum towards sustainable options, according to a report by the International Energy Agency (IEA). The report states that global investment in clean energy is expected to reach USD 1.7 trillion in 2023, surpassing the USD 1 trillion investment in coal, gas, and oil. The report also highlights the significant growth in annual clean energy investment, projected to rise by 24% between 2021 and 2023, compared to a 15% increase in fossil fuel investment during the same period.<\/p>\n<p>The rise in clean energy investment is mainly driven by renewables and electric vehicles, with advanced economies and China accounting for more than 90% of the increase. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Clean energy investment is outpacing spending on fossil fuels as concerns over affordability and energy security drive the momentum towards sustainable options, according to a report by the International Energy Agency (IEA). The report states that global investment in clean energy is expected to reach USD 1.7 trillion in 2023, surpassing the USD 1 trillion investment in coal, gas, and oil. The report also highlights the significant growth in annual clean energy investment, projected to rise by 24% between 2021 and 2023, compared to a 15% increase in fossil fuel investment during the same period. The rise in clean energy [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-579868","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/579868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=579868"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/579868\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=579868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=579868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=579868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}