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Fossil fuels investment takes nosedive

2016-09-17 10:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate News Network: A revolution is taking place in the global energy sector, with investments in oil and gas declining by 25% in 2015 while energy produced from renewables rose by more than 30%. We have never seen such a decline [in oil and gas investment], said Dr Fatih Birol, executive director of the International Energy Agency (IEA), at the London launch of its first ever report into world energy investment. Our findings carry a very important message for climate change and for the Paris agreement. Anyone...

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