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Current Investments in Clean Energy Insufficient – IEA

Economist warns of “unsustainable recovery” as CA100+ launches sector-specific transition guidance for electricity utilities.

Investors need to urgently funnel more capital into renewable energy to limit global warming to a 1.5°C scenario, according to Tim Gould, Chief Energy Economist at the International Energy Agency (IEA). “We are currently in an unsustainable recovery following the impact of Covid-induced recession, with prices spiking for gas and…

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