Tuesday, July 7, 2026

Who’s keeping carbon-rich fuels the mainstay of global energy usage? Not consumers

Follow the money, and you will see precisely the opposite picture. The share of private energy investment going into oil, gas and coal has slumped from about 50% to 28% since 2015, according an International Energy Agency (IEA) database. The public sector, meanwhile, still invests most of its money in dirty power—53%, down more marginally from 67% a decade ago.

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