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Renewable Energy Investment Ramps-up in 2014, Even Though Fossil Fuels Receive Larger Subsidies
According to a new report, renewable energy investment grew to $391 billion in 2014, an increase of 18 percent over the previous year. The report also highlighted China’s rapidly expanding green sector, which racked up growth of 36 percent in installed solar and wind energy in 2014.
The green tide has provided a strong hope that the COP 21 Climate Summit in Paris could represent a turning point in the global fight against climate change.