As we prepare to exit 2022, a year that rejuvenated fossil fuel businesses despite sparking record prices of coal and natural gas, and enter 2023, India must accelerate its pace of renewables development if it is to keep up with China and Europe, and improve energy security, a new report by the Paris-based International Energy Agency (IEA) shows.
The IEA’s latest report, which forecasts the deployment of renewable energy technologies in electricity, transport and heat to 2027, reveals a renewed global focus on renewable — after Russia’s invasion of Ukraine threatened to impoverish even developed nations of energy.
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