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Renewable energy investment in Australia dropped 70% in past year

2014-11-09 22:46:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Investment in renewable energy has dropped by 70% as Australia loses green business overseas, a report by the Climate Council has found. Investment that could be coming to Australia is instead going overseas to countries that are moving to a renewables energy future, the reports co-author, Tim Flannery, said. Flannery said over the past year investment in Australian renewable energy projects had dropped 70%, while China installed more renewable energy capacity than fossil fuels in 2013....

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