U.S. Secretary of Energy Jennifer M. Granholm noted, "There's a huge transformation that is happening in this country" thanks to significant recent investments from the Bipartisan Infrastructure Law and the Inflation Reduction Act, highlighting the creation of hundreds of thousands of new jobs in the clean energy sector.
Fatih Birol, executive director of the IEA, pointed out that global spending on clean energy technologies is predicted to hit $2 trillion by 2024, with a significant shift toward renewable energy, as exemplified by 85% of new power plants built in 2023 being renewable.
Ignacio Galan, of Iberdrola, emphasized the importance of ongoing investments in clean energy, stating, "Over the last two decades, we have invested close to $200 billion in clean energy and related technology," reinforcing the commitment to a sustainable future.
#clean-energy-transition #us-energy-policy #climate-leadership-forum #renewable-energy #investment-in-clean-technologies
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