The world is set to invest nearly twice as much in clean energy as fossil fuels this year, according to a new International Energy Agency report .

While fossil fuel outlays are still significant — about $1.15 trillion this year — they’ll be dwarfed by clean energy, which is expected to receive $2.15 trillion in 2025.

But the real takeaway is that the energy transition doesn’t show signs of slowing.

Plotting the two investments trends is revealing. Over the last decade, fossil fuel investment has been relatively steady, if declining slightly. There has been an uptick since a drop that coincided with the pandemic, but even that shows signs of softening this year.

But clean energy investment follows a different path, a far more aggressively positive trend: The curve is up and to the rig

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