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Clean energy funding trumps fossil fuels
News Articles | The New York Times | Green Inc. | James Kanter | June 03, 2009
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Large hydropower projects, wind, solar and geothermal were among renewable sources covered by the report. [...]
Even so, the long life of power plants meant it would be “some time” before renewable energy dominated the generation mix. Renewable energy still only accounted for 6.2 percent of total power sector capacity in 2008, the U.N. program said, and even after earning more than half of overall investments last year, renewables accounted for just 41 percent of total added capacity.”
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