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IEA: Clean energy investment to reach $2 trillion in 2024
According to the International Energy Agency (IEA), more money is being invested in solar power than in all other sources of electricity combined.
Clean technologies include renewables, electric vehicles, nuclear power, grids, storage, low-emissions fuels, efficiency improvements and heat pumps. However, there are still energy investment shortfalls in parts of the world, such as emerging markets and developing economies outside China, the agency added. The IEA warned that prohibitively high costs were causing "major imbalances and shortfalls in energy investment flows in many parts of the world."
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