Sun will never go out of style!

Solar power is expected to overtake oil production investment for the first time in 2023. Around $2.8 trillion is set to be invested in energy worldwide, of which more than $1.7 trillion is expected to go to renewables, nuclear power, electric vehicles, and efficiency improvements. The rest, or around $1 trillion, will go to oil, gas and coal. In 2023, solar power spending is due to hit more than $382 billion for the year, while investment in oil production will stand at $371 billion.

The irony remains that some of the sunniest places in the world have the lowest levels of solar investment.

K. Cattrall, S. Jessica Parker, K. Davis, and C. Nixon: Sex and the City by Michael Patrick, 30.05.2023, Noah Browning, 25.05.2023