New Energy
Five Climate Lessons From the $1.8 Trillion Race to Net Zero
Digging into the latest data on the clean energy transition yields some surprises.
Cattle make their way down a path alongside wind turbines at the Muras I wind farm, operated by Iberdrola SA, in Muras, Spain.
Photographer: Brais Lorenzo/BloombergData is like milk: It doesn’t stay fresh for long. What’s true of major economic data, such as gross domestic product, is also true of data on climate technology finance.
BloombergNEF late last month updated its Energy Transition Investment Trends report, a 100-page almanac of the cleaning and greening of major industries. It provided new insights into what we thought was going on in prior years — and suggests what to keep an eye on in 2024. Here are five of the most interesting and timely findings.