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Massive spending on clean energy has garnered only meagre gains

Trillions have been spent on renewables yet they still provide less than 10% of global energy

COP28, the 28th “Conference of the Parties to the Framework Convention on Climate Change,” which just concluded in Dubai, had as one of its central themes the need to promote the energy transition by spending more on renewable energy. But what have been the results of such spending up to now?

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