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Energy Investment Drops Amid Transition | San Diego News

Energy Investment Drops Amid Transition | San Diego News

Published 1 month, 2 weeks ago
Description

Global energy investment just took a ten percent hit, dropping to $2.8 trillion — the first decline in four years — even as demand surges. Fossil fuels, especially oil and gas, are pulling back, while renewables lag behind, failing to compensate. Environmentalists and energy security experts sound the alarm: this could trigger future shortages and price spikes. But there’s a silver lining — spending on grid upgrades and efficiency is actually rising, quietly laying the groundwork for a more resilient energy future.

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