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Robert Abdullah: First, I’d like to congratulate you and your colleagues, Simon Johnson and James A. Robinson, on winning the Nobel Prize for your…
© Nick Sells Secretary-General António Guterres attends the Association of Southeast Asian Nations (ASEAN)-UN Summit…
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“For example, the cost of capital. Renewable energy investments by their nature are very capital intensive. Eighty per cent of the investment must be upfront, because you have to buy the solar panels and the battery storage and the installation, and that’s costly”, he highlighted, adding, however, that the running costs are zero because there is no need to buy any oil or diesel to power a renewable energy station.
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