12min chapter

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EVs Race Ahead of Renewables in Transition Investment

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CHAPTER

Analyzing Energy Transition Investment Trends

The chapter delves into the Energy Transition Investment Trends report, highlighting the $1.8 trillion invested in 2023 in various sectors like electrified transport, renewable energy, hydrogen, and carbon capture. It discusses the significant growth in investments despite declining asset costs and China's leading role in energy transition investments. The chapter also compares energy transition spending to defense spending and speculates on the impact of the Inflation Reduction Act on future investments.

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