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Renewable energy’s growth rate is a warning sign to coal investors

renewable will continue to gwo faster that coal industry

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The latest figures on renewable energy should make investors in king coal a bit nervous, writes
Bloomberg Gadfly’s Liam Denning. On Wednesday, the International Energy Agency forecast renewables will grow by about 1,000 gigawatts by 2022, which equals about half of the current global capacity in coal powe. By the same time, the IEA projects the share of renewable energy in the world’s electricity mix to rise from about 24 percent last year to 29 percent.

Source: Bloomberg Pro Terminal

Trader Bozhidar Arabadzhiev


 Varchev Traders

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