Professional services firm EY has ranked the United States as the world’s most attractive market for investment in renewable energy – for a large part due to the Inflation Reduction Act passed in August 2022, which is viewed as a game changer for the country’s green hydrogen industry.
Since 2003, London-based EY has ranked the world’s top 40 markets on the attractiveness of their renewable energy investment and deployment opportunities.
China, at number two this time, remains committed to accelerating its renewable energy transition as it seeks to bring emissions to a peak by 2030 and achieve net-zero emissions by 2060.