2010/11/17

(BN) Gas Prices Undercutting Renewable-Energy Investment, Birol Says

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Gas Prices Undercutting Renewable-Energy Investment, Birol Says
2010-11-17 12:49:23.989 GMT


By Ben Sills
Nov. 17 (Bloomberg) -- Low natural-gas prices are hurting
investment in renewable energy, International Energy Agency
Chief Economist Fatih Birol said today in Madrid. Investment in
U.S. clean energy may decline 70 percent this year, he said at a
conference in Spain's capital city.

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