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Clean energy spending to outpace fossil fuels for first time ever
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Clean energy spending to outpace fossil fuels for first time ever

  • May 25, 2023
  • May 25, 2023 Updated Jul 24, 2023
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Global investment in clean energy is rising and is now set to outpace spending on fossil fuels for the first time ever.

As featured on

Shift to clean energy accelerating, but coal investments too high, report says

Shift to clean energy accelerating, but coal investments too high, report says

The International Energy Agency says energy security concerns and policy support from rich countries are speeding up reliance on clean energy, but investments in coal power are on course to be nearly six times beyond what is needed for the world to meet targets for achieving net-zero carbon emissions.

Report: Renewable energy surges, driven by solar boom and high fuel prices

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The world is set to add a record amount of renewable electricity capacity this year as governments and consumers seek to offset high energy prices and take advantage of a boom in solar power. 

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