Investors are betting $21 billion that the energy transition isn’t going away

The news article discusses how large investors are betting heavily on the energy transition despite political setbacks. According to the article, investors have poured $21 billion into the energy transition, indicating their belief that renewable energy sources will dominate the future of the energy industry. The article notes that while political shifts may have temporarily slowed the energy transition, major investors remain confident in the long-term viability of renewable energy. These investors are placing significant financial bets on the continued growth and development of renewable technologies, suggesting they believe the transition away from fossil fuels is an inevitable and irreversible trend. The article highlights the strong conviction of these large investors in the future of renewable energy, even in the face of potential political obstacles. This suggests that the energy transition is seen as a long-term, structural shift in the global energy landscape, rather than a temporary or reversible trend.