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More solar than oil: The deceptive success of renewable energies

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More solar than oil: The deceptive success of renewable energies

EFor the first time, more capital is flowing into green energy than into the production of coal, oil and gas. A new report by the International Energy Agency (IEA) confirms the trend in this direction: While investments in climate-damaging fossil fuels have increased by 15 percent since 2021, eco-investments have even increased by 24 percent. WELT explains the exact reasons behind the green investment boom – and why the eco trend is helping environmental protection less than hoped.

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