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The U.S. wind energy has matured and potential has turned into expectations. Analysts from Wood Mackenzie, IHS Markit and Bloomberg NEF offered a long-term outlooks mixed with optimism and caution.
Exxon Mobil Corp. is promising up to $100 million over the next 10 years to U.S. government laboratories to research technologies that could cut greenhouse gas emissions.
Global energy investment steadied at nearly $1.85 trillion last year after three years of decline, with slowing energy efficiency and renewables spending offset by increases in oil, gas and coal, the International Energy Agency said.