Climate change: Green energy 'stagnates' as fossil fuels dominate

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Climate change: Green energy 'stagnates' as fossil fuels dominate
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A new report says that increased demand for energy is being met mainly by coal, oil and gas.

However, many nations have also enacted new subsidies for fossil fuels.

"This obviously creates a system which is unbalanced, because even though renewable energy is an economic alternative to fossil fuels, it's not playing in a fair market." Cars, lorries, ships and airplanes account for 32% of total final energy consumption, but green energy only had a 3.7% share last year.

"The reality is with a ban of the internal combustion engine, there's a regulatory obligation to move away from this, so we see a trend in electric mobility, which is ramping up in quite an exponential way, and I think this is quite encouraging."on the political promises made at COP26, the big international climate conference last year.

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