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Solar investment to outpace oil exploration this year, says IEA


Fatih Birol, executive director of the IEA, said clean energy is moving faster than many realize. Photo: Carlos Lujan/Europa Press via Getty Images

noah browning

Investing in clean energy will widen its lead over spending on fossil fuels by 2023, with spending on solar projects expected to surpass spending on oil production for the first time, the International Energy Agency said yesterday.

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