Tech Stocks Have Been Leading, But Clean Energy is Showing Even More Promise

According to a recent article on Market Insider, the shift to clean energy worldwide will create investment opportunities worth over $100 trillion in the next 30 years. Fund managers at Schroders, Mark Lacy and David Boyce, highlighted the potential in the clean energy sector, and how it is well poised to be the next superstar sector in the stock market. So far this year, technology stocks have been driving market gains, all propelled by the AI frenzy, however another investment frenzy is emerging.

The article also highlights that the focus on green energy investment is growing. The International Energy Association (IEA) revealed that investment in the solar sector is set to surpass oil production investment for the first time. The IEA predicts that solar investments will reach over $1 billion per day in 2023. Overall, global energy investment is expected to reach an astounding $2.8 trillion this year.

Here’s the most interesting part: Fatih Birol, executive director for the IEA said during an interview with CNBC that at present, for every dollar being invested in fossil fuels, approximately 1.7 dollars are being directed towards clean energy.


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