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>Can anyone do back of napkin math on what $1.9T could buy in terms of wind/solar energy? How many homes that could power? I'm not sure this question is releva
by navigatesol 7y ago
>Can anyone do back of napkin math on what $1.9T could buy in terms of wind/solar energy? How many homes that could power?
I'm not sure this question is relevant. First, because it isn't one or the other. Second, because the renewable energy sector also has vast amount of financing, but it's a smaller industry.
I'm not sure the point of the article, outside of the fact that it demonstrates that despite our best efforts, the fossil fuel energy sector is expanding because we demand more energy, and energy is becoming more expensive.
- tito 7y ago“Global clean energy investment totaled $332.1 billion in 2018.” [1] Compared to $1.9T/~3 years, $630B on fossil energy investments per year. [1] https://about.bnef.com/blog/clean-energy-investment-exceeded-300-billion-2018/ https://about.bnef.com/blog/clean-energy-investment-exceeded...