The U.S. experienced record spending of new capital in 2021 to support the transition to a lower-carbon economy. A record number of electric vehicles sold and contributions to the power grid from zero-carbon renewable sources were surpassed.
The U.S. now invests around $200 million per year in hydrogen, which is double the spend from 2020, and investment tied to electric vehicles reached $35 billion.
However, questions about future demand and how the government intends to address those questions still remain.
With corporations leading the way, corporate demand for clean energy remains a key driver of clean energy investment and deployment.
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