‘Green energy transition being hindered by lack of investment’ | Business Post

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Spending deficit on renewable, clean energy sources risks future price spikes, according to the International Energy Agency chief economist. taaffems reports.

The European Union executive has presented a plan to end EU dependence on Russian fossil fuels and accelerate use of renewable energy. Picture: Getty

Not enough money is being put into the green energy transition, according the the chief energy economist of the International Energy Agency . “We are simply not putting enough capital globally into the energy sector in order to shift us onto a new trajectory,” Tim Gould said. Gould was addressing a discussion on the geopolitics of energy in Europe, hosted by The Institute of International and European . He said not enough was...

 

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