The world is set to invest nearly twice as much in clean energy as fossil fuels this year, according to a new International Energy Agency report.
While fossil fuel outlays are still significant — about $1.15 trillion this year — they’ll be dwarfed by clean energy, which is expected to receive $2.15 trillion in 2025.
But the real takeaway is that the energy transition doesn’t show signs of slowing.
Plotting the two investments trends is revealing. Over the last decade, fossil fuel investment has been relatively steady, if declining slightly. There has been an uptick since a drop that coincided with the pandemic, but even that shows signs of softening this year.
But clean energy investment follows a different path, a far more aggressively positive trend: The curve is up and to the right.
For data nerds: A second-order polynomial fit to the fossil fuel investment does a reasonable job of explaining the variance (R2 = 0.74), suggesting the world might be extracting a bit more oil, coal, and gas in the near future. But the same type of equation applied to clean energy figures fits the data far better (R2 = 0.94). Unless the world takes a U-turn — something that hasn’t happened in the 10 years the IEA has collected this data, pandemic included — expect bigger clean energy numbers next year.
The big question is whether it’ll be too little, too late.
To hit net zero by 2050, the world has to invest an average of $4.5 trillion annually, according to a report from the World Economic Foundation. That’s double this year’s investment, which sounds like a lot. But analysts have previously issued overly cautious clean energy investment forecasts. The trend in the new IEA data suggests that the goal is within reach.
Clean energy’s exponential growth won’t last forever; the trend is likely to taper off in the coming years, just like it did in the mid-2010s. But as I’ve written before, these sorts of fits and starts are not unusual, and adoption of new technologies is never continuous. Instead, it’s influenced by global economic trends and the learning curve that companies face when incorporating them into their businesses.
Ultimately, by 2050, I suspect average annual investment will probably meet or exceed the $4.5 trillion annual rate that the World Economic Forum calls for. Clean energy technologies are cheaper by the year, which makes them more accessible. Indeed, 85% of electricity demand growth in the next two years is going to come from developing and emerging economies, and while cheap coal has driven the narrative in many of those, solar and wind shouldn’t be counted out.
The wildcard, of course, is data centers. In the U.S., at least, utilities are confronting demand forecasts with enormous error bars. Those forecasts may fall short, but utilities tend to err on the side of caution, which means finding more power.
Some will turn to gas turbines, others will bet on nuclear. But in the next few years — and likely over the long term — renewables paired with energy storage will have the upper hand. They’re probable winners not just because they’re getting cheaper, but because they’re modular. They can be deployed at a range of scales and prices. It’s easy for them to be everywhere, and that’s something investors love to see.
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![A24 Wants You to Be Nice About Its Google AI Deal
Earlier this week, we learned A24 entered a research partnership with Google’s DeepMind unit. The reactions were… not happy, to say the least. And like many who’ve let generative AI into their hearts, the film studio’s now left playing defense for its widely panned decision. In a statement to Wired, A24’s communications rep Sophia Shin stressed the “research” part of its Google partnership. “We’re working side-by-side with DeepMind’s researchers to learn, iterate, and build, having an active hand in shaping new tools and workflows,” she explained. “This is about learning and helping pain points in workflows behind the scenes. […] It exists because we want to dictate what tools get built for artists, so they have a voice in shaping them rather than having tools handed to them. While acknowledging A24 doesn’t love “any of the current AI outputs onscreen in Hollywood,” Shin considers this partnership a bit of a necessary evil. “We’d rather have a seat at the table than on the sidelines,” she stated. The promise of further artist agency and “a seat at the table” are common shields from genAI users, but it doesn’t seem to be working here. Fans consider this move ironic and a betrayal, given Backrooms director Kane Parsons recently called the tech “cultural and economic rot” and wished he could just snap it out of existence.
Before that, the studio didn’t seem to have much interest in generative AI. In 2024, it came under fire for using the tech to create posters for Civil War, while months later, its horror film Heretic had a disclaimer promising it wasn’t made with the technology. But Hollywood’s become gradually more accepting of generative AI and its supposed potential for the filmmaking process. In that sense, maybe it was inevitable for A24 to fall in line. Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who. #A24 #Nice #Google #DealA24,generative ai,Google DeepMind A24 Wants You to Be Nice About Its Google AI Deal
Earlier this week, we learned A24 entered a research partnership with Google’s DeepMind unit. The reactions were… not happy, to say the least. And like many who’ve let generative AI into their hearts, the film studio’s now left playing defense for its widely panned decision. In a statement to Wired, A24’s communications rep Sophia Shin stressed the “research” part of its Google partnership. “We’re working side-by-side with DeepMind’s researchers to learn, iterate, and build, having an active hand in shaping new tools and workflows,” she explained. “This is about learning and helping pain points in workflows behind the scenes. […] It exists because we want to dictate what tools get built for artists, so they have a voice in shaping them rather than having tools handed to them. While acknowledging A24 doesn’t love “any of the current AI outputs onscreen in Hollywood,” Shin considers this partnership a bit of a necessary evil. “We’d rather have a seat at the table than on the sidelines,” she stated. The promise of further artist agency and “a seat at the table” are common shields from genAI users, but it doesn’t seem to be working here. Fans consider this move ironic and a betrayal, given Backrooms director Kane Parsons recently called the tech “cultural and economic rot” and wished he could just snap it out of existence.
Before that, the studio didn’t seem to have much interest in generative AI. In 2024, it came under fire for using the tech to create posters for Civil War, while months later, its horror film Heretic had a disclaimer promising it wasn’t made with the technology. But Hollywood’s become gradually more accepting of generative AI and its supposed potential for the filmmaking process. In that sense, maybe it was inevitable for A24 to fall in line. Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who. #A24 #Nice #Google #DealA24,generative ai,Google DeepMind](https://gizmodo.com/app/uploads/2026/03/Backrooms-1280x853.jpg)
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