Its vast investment in solar, wind and batteries is on track to end an era of global growth in the use of coal, oil and gas, the researchers said.

  • humanspiral@lemmy.ca
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    1 month ago

    The main factor sustaining fossil fuel use in world today is Ukraine war. At least 3% of global diesel use is just for war, nevermind all the emission releases from blowing shit up.

    Investment and production in clean energy last year contributed nearly $2 trillion to China’s economy, a figure which the report said was around one-tenth of the country’s economy as a whole, or comparable to Australia’s entire economy.

    The US is not investing in more fossil fuels, as prices go down, because of global transition made by China. $2T in transition investments in US would be 5-7%+ GDP growth, in addition to lower energy costs for consumers and industry. Inviting world to invest in US clean energy would be massive job/construction growth, and necessary to power its Skynet ambitions.