Investments in low-carbon energy need to triple if the world is to meet its Paris Agreement targets, the head of the International Energy Agency told the Financial Times. “There is a gross mismatch, and the longer this mismatch persists the greater the risk of further sharp price swings and increased volatility in the future,” Fatih Birol said, noting that current levels of investment in clean energy were just a third of what was needed.
However, Birol also said that projected investments in oil and gas production were now in line with…IEA Says Clean Energy Spending Must Triple
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