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Paris Climate Deal Is Great For Solar & Wind, But A $46 Trillion Hit To Fossil Fuels

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December 19th, 2015 by Giles Parkinson Originally published on RenewEconomy. The fossil fuel industry is facing a $US33 trillion ($A45.8 trillion) hit to its expected revenues over the next 20 years, following the dramatic and unexpected result of the Paris climate change conference last weekend. Energy analysts from the UK-based investment bank Barclays said the Paris deal, which […]

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