Chinese investments in clean energy rose again in 2024, to the equivalent of $940 billion, which was close to the total global investments in fossil fuels last year, Carbon Brief, a UK-based research group, said in a new report on Wednesday. Last year, China’s investments of $940 billion, or 6.8 trillion Chinese yuan, were also of a similar scale to the overall size of the economy of Saudi Arabia, according to Carbon Brief’s research based on analysis of Finland-based Centre for Research on Energy and Clean Air (CREA). The research…
