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Clean energy investment fell 3% in 2017, and expect another fall in 2018, says a worried IEA

This is a guest post by Jeremy Leggett. Views are the author's own and do not necessarily represent the opinions or positions of MyGridGB or Dr Andrew Crossland.

World Energy Investment 2018: All energy $1.8 trillion. Renewables down 7% to $298bn. Energy efficiency up 3% to $236 bn. = $534bn incl. big hydro.  Fossil fuels $790bn. Electricity $750bn.

Fatih Birol, IEA Executive Director: Worrying. While we would need this investment to go up rapidly, it is disappointing to find that it might be falling this year.”

Image: from report