Europe Is No Longer The Epicenter Of Clean Energy Investment

Russia’s war in Ukraine triggered a global energy crisis and temporarily shifted the world’s attention from renewable energy and more to fossil fuels. Tight oil and gas markets during the first half of 2022 led to record prices for both commodities, with dozens of governments walking back on their carbon pledges as they turned to ‘dirty’ fuels like coal and even controversial ones like nuclear energy. But behind the scenes, the clean energy wheel kept turning, with Bloomberg New Energy Finance (BNEF) reporting that an impressive…