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Weak returns threaten renewables’ edge over fossil-fuel investments

May 27, 2023
Source: theglobeandmail.com theglobeandmail.com
News Snapshot:
Open this photo in gallery: A Tesla Model S sedan is plugged into a Tesla Supercharger electrical vehicle charging station in Falls Church, VA, on Feb. 13.SAUL LOEB/AFP/Getty Images Investments in clean energy are roaring past spending on fossil fuels as the world decarbonizes. But to keep up the momentum, governments will have to make up for thin shareholder returns by helping fund green projects, executives say. Energy investments around the world are expected to amount to about US$2.8-trillion in 2023, the Paris-based International Energy Agency said in a report this week. Of that, more than US$1.7-trillion is expected to...
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