How the World Is Spending $1.1 Trillion on Climate Technology

How the World Is Spending $1.1 Trillion on Climate Technology

An interesting overview on where public and private money is being spent to decarbonise the world economy. The largest portion is still spent on building out renewable energy, but with venture investments, there’s a trend towards newer, less proven technologies. The optimistic take: Now that solar and wind are the cheapest forms of power, «market forces will turn power grids a deeper shade of green with each passing year, and VCs can focus on electrifying everything else.»


From Weekly Filet #439, in April 2023.

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