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1. Half
a trillion dollars of investment again, but stock market
bumps
– Angus McCrone
Today, BNEF
has introduced a new, broader measure of decarbonization
activity – what we have dubbed “energy transition
investment”. See our press release
here.
Incorporating investment in renewable energy capacity, plus
spending on electric vehicles and charging infrastructure,
and on electrical heat, batteries, carbon capture and
storage, and green hydrogen, it totaled $501.3 billion in
2020, a rise of 9% on the previous year.
We expect
this new level to be maintained in 2021. Electric vehicle
sales are expected to jump (see prediction 5 below), and
solar installations look set to have yet another record ....

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