Gains in Clean-Energy Investment Overshadow Paris Exit

Clean-Energy Investment

Despite lengthy United Nations climate negotiations over the past decade, investment in clean energy has rapidly increased -- so much so that it’s not clear whether the UN framework has had any meaningful effect on policy, according to Bloomberg New Energy Finance. The main drivers of growth in the area have been technology cost declines and domestic policies to support renewables and price carbon. National and sub-national programs that foster clean energy are expected to continue regardless of global goals and the U.S.’s withdrawal from the Paris Agreement.

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