InvestNow News 8th Nov – AMP Capital – Solving the energy puzzle
28th Oct 2019 – Joseph Titmus – Portfolio Manager/Analyst, Global Listed Infrastructure Sydney, Australia
Infrastructure is vital to economic growth. It creates a virtuous, never-ending cycle: investment in infrastructure helps stimulate sustainable long-term economic growth which then creates a further need for infrastructure. One of the current developments that is driving further infrastructure investment is the global trend towards decarbonisation to reduce CO2 emissions, and the role of energy infrastructure in fulfilling future global energy needs.
The world is moving towards a low-carbon economy. Countries around the world such as Canada, France, Germany and the UK, have announced coal phase-out plans, and the pipeline of new build coal plants has been shrinking worldwide. However, as the world economy continues to grow, with billions of people shifting into the growing middle class in the developing world, naturally global energy demand is expected to rise as well.