Tuesday 18 May 2021
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theguardian - 29 days ago

Coal financing costs surge as investors opt for renewable energy

Study finds returns must repay four times the payoff from clean energy investment to justify escalating risk Coal financing costs have surged over the last decade as investors demand returns four times as high as the payoff required from renewable energy projects to justify the risk of investing in fossil fuels, as the world moves towards cleaner energy sources.A University of Oxford study found that over the same period the cost of investing in renewable energy sources, such as windfarms and solar arrays, has tumbled as the clean energy technologies prove they can be cost-effective and lucrative investments. Continue reading...


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