What Prompts Investments In Energy Innovation
The Horizons Tracker
JANUARY 17, 2023
billion in 2018. In China, for instance, spending on fossil fuel innovation grew from just $90 million in 2001 to $1.673 billion in 2018. Technological competition with China also matters, as it creates an incentive to invest in future growth sectors where China has taken a lead—including various clean energy technologies.”.
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