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Global Power Sector Embracing Renewables but Ditching Fossil Fuels Too Slowly

August 31, 2020

A new study of 3,000 power companies across the globe has found that only a handful have been cutting their fossil fuel capacity over the last two decades.

Much of the new renewable capacity being built around the world is being offset by new coal and gas capacity, leaving the global generation mix more or less how it was in 2000.

Even those utilities and independent power producers (IPPs) prioritizing renewables are adding further natural gas and coal capacity, in most cases.

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