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Global Energy Investment Fell 12% In 2016

The ECOreport reposts another story of the continued contraction of the fossil fuel sector, Global Energy Investment Fell 12% In 2016

Press Release from the International Energy Agency

Global energy investment fell by 12% in 2016, the second consecutive year of decline, as increased spending on energy efficiency and electricity networks was more than offset by a continued drop in upstream oil and gas spending, according to the International Energy Agency’s annual World Energy Investment report.

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