BASE METALS

More metal, says the IEA, an oil specialist!

Less oil, more metal. It really is that simple. Investment in solar energy is expected to, for the first time, overtake investment in oil – the fuel which has powered the world for more than a century.

“For every dollar invested in fossil fuels, about 1.7 dollars are now going into clean energy. Five years ago, the ratio was one-to-one,” Birol said.

“For every dollar invested in fossil fuels, about 1.7 dollars are now going into clean energy. Five years ago, the ratio was one-to-one,” Birol said.

This year, investment in solar is expected to reach US$382 billion, surpassing investment in oil of $371 billion, according to the International Energy Agency (IEA) - a lobby group born out of the 1973...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.