Record Renewables Growth Fails To Cut Global Fossil Fuel Share ...Middle East

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Record increases in solar and wind installations in 2022 failed to cut into the massive 82% share of fossil fuels in global energy consumption amid turbulent energy markets and energy security concerns, the annual Statistical Review of World Energy showed on Monday. Moreover, despite the record growth of global solar and wind capacity additions last year, emissions rose again, to a new record high, and further put the world off track to the Paris Agreement targets, said the report, published by the Energy Institute (EI) and partners KPMG and Kearney,…

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