The International Energy Agency (IEA) has projected that the global market for clean energy technologies will reach $2 trillion in value by 2035.
The surge in capacity will be driven by the accelerated deployment of residential and commercial photovoltaic (PV) installations.
Nigeria's green bond issuances of the past have kickstarted some clean energy projects. However, there is a gap that needs to be filled.
The record income in the oil and gas sector was used to increase shareholder returns and pay down debt, with only a fraction of the free cash flow directed towards clean energy investments.
The International Energy Agency (IEA) says that over $1.7 trillion will be invested in clean energy in 2023.
Nigeria will have a new President by May 2023 and he needs to fix the natural gas sector to attract new investments and increase the country's revenues.
People who own private jets, mansions, and super yachts are the highest carbon emitters, according to the IEA.
Amid the current global oil price rally, Nigeria stands the chance to benefit immensely if only it can curtail oil theft to the barest minimum.
The International Energy Agency (IEA) said oil and gas are still highly relevant energy sources globally
These minerals are in high demand in the renewable energy sector, used for manufacturing everything from solar panels to batteries, etc
IEA says that the OPEC+ will most likely not carry out the expected oil output increase in the coming months due to limited spare capacity.
Oil prices are bullish during the Asian session on Tuesday as the two major oil benchmarks are up...
