As the debate around energy efficiencies and climate change continues to gain traction, the world’s push towards a low to zero carbon emissions future has become a multi-trillion dollar business.
Well worthy of carrying the status of a megatrend for 2024 and beyond, investment in the energy transition appears to be drawing in stakeholders of all makes and shapes. Total spending on investments to install renewable energy, buy electric vehicles, build hydrogen production systems and deploy other clean technologies rose 17% in 2023 to $1.8 trillion.
