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October 24, 2023

IEA: world is ‘hurtling towards’ renewable future, but more investment needed

New Volkswagen electric cars
The IEA estimates that the Inflation Reduction Act could lead to 50% of new car registrations in the US being electric by 2030 (Photo: Tobias Schwarz/Reuters)

The International Energy Agency’s World Energy Outlook 2023 report shows electric vehicles, solar PV and heat pumps are driving change, but poorer countries need to be brought along with greater clean energy financing

The clean energy transition is “unstoppable

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