ENERGY INVESTMENT
The share of clean-energy spending rose to a record 43% of total energy-related investment in 2016, the International Energy Agency’s (IEA’s) yearly World Energy Investment report shows. Global energy investment fell by 12% to $1.7-trillion last year, the second consecutive year of decline. However, for the first time, spending on the electricity sector exceeded the combined spending on oil, gas and coal supply.
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