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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.
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
Four times as many critical minerals needed, IEA says
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