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In fact, 2019 was the highest year in terms of energy investment since 2013, with a total of $3.95 billion in investments and 447 total deals. So, what is driving the trend? Carbon-heavy industries, including oil and gas, manufacturing, and transportation have traditionally been challenged to reduce emissions while maintaining productivity and profitability. However, due to increasing regulatory and industry pressure to reduce carbon emissions, as well as recent market volatility and its long-term implications, these industries have been put under a microscope. Now, new technology has become available which can substantially lower emissions while increasing factory efficiency.
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