Mark Carney argues that finance needs to go where the emissions are
Helping heavy-emitting sectors to decarbonise is key to reaching net zero, says the UN’s climate envoy
IN A WORLD starved of good news on climate, it is welcome that investment in clean energy has grown exponentially and is now running at almost double the rate of investment in all new fossil fuels. This year solar alone will receive more capital than new oil-and-gas production. As a result of these dramatic shifts, global carbon emissions from energy use may peak next year
From the November 25th 2023 edition
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