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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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billion, level with 2019 despite falling unit prices. Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 A geographical split of BNEF’s energy transition investment data shows that Europe accounted for the biggest slice of global investment, at $166.2 billion (down 11%).

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Report for IPCC finds renewables could supply up to 77% of global energy by 2050 under most optimistic scenario; need for enabling public policies and investments

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Ranges of global technical potentials of renewable energy sources derived from studies analyzed in SRREN report. Range in recent levelized cost of energy for selected commercially available RE technologies in comparison to recent non-renewable energy costs. Source: SRREN. Click to enlarge.

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