Global Clean Energy Revenues From Listed Firms Hit $2.56 Trillion in 2022

In 2022, clean energy activities generated at least $2.56 trillion globally, according to the Clean Energy Exposure Ratings analysis published by BloombergNEF (BNEF). This includes company revenues drawn from clean energy production, and from the manufacturing of key technologies and equipment for clean energy[1]. BNEF’s Clean Energy Exposure Ratings provide investors with transparency about their exposure to the opportunities of the low-carbon transition. They identify and rate 8,182 listed companies with revenue exposure to clean energy activities, from over 50,000 assessed. Just 2,780 explicitly disclose relevant revenue, giving them a…

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Japan Can Meet Net-Zero Goal With Minimal Reliance on Hydrogen, Report Shows

Japan’s transition to a net-zero economy by 2050 presents an investment opportunity that amounts to at least $6.7 trillion, according to the New Energy Outlook: Japan report, published recently by research company BloombergNEF (BNEF). The report details two scenarios for Japan’s energy system and the implications of the country’s transition opportunities and challenges. The base case Economic Transition Scenario describes an economics-led transition, consistent with a global temperature rise of 2.6°C by 2100. The second, the Net Zero Scenario, is consistent with net-zero emissions by 2050 with no overshoot or…

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Faster Deployment of Clean Power Such as Solar, Wind and EVs Can Enable India to Peak Emissions Before 2030

India’s transition to a net-zero economy by 2050 presents an investment opportunity that amounts to at least $12.7 trillion, according to the New Energy Outlook: India report, published today by research company BloombergNEF. The report details two scenarios for India’s energy system and the implications of the country’s transition opportunities and challenges. The base case Economic Transition Scenario, or ETS, describes an economics-led transition, consistent with a global temperature rise of 2.6 degrees Celsius by 2050. Under this scenario, the country makes significant progress toward energy independence and decarbonization but…

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Report Shows That Inflation Reduction Act Alone Won’t Set United States on Track for Net Zero

The US’s transition to a net-zero economy by 2050 represents a $30 trillion investment opportunity in the country’s energy system by 2050, according to the New Energy Outlook: US report, published recently by research company BloombergNEF (BNEF). The report details a pathway for the US energy system to reach net-zero emissions by 2050 using the lowest cost technologies available. This so-called Net Zero Scenario (NZS) is presented alongside two other scenarios: a Policy Scenario evaluating the decarbonizing impact of key provisions of the Inflation Reduction Act, and an Economic Transition…

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Global Low-Carbon Energy Technology Investment Surges Past $1 Trillion for the First Time

Global investment in the low-carbon energy transition totaled $1.1 trillion in 2022 – a new record and a huge acceleration from the year before – as the energy crisis and policy action drove faster deployment of clean energy technologies, according to a new report from research firm BloombergNEF (BNEF). In another first, investment in low-carbon technologies appears to have reached parity with capital deployed in support of fossil fuel supply. Energy Transition Investment Trends is BNEF’s annual accounting of how much funding businesses, financial institutions, governments and end-users are committing…

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