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The Shift To Renewables: How Far, How Fast?

Growth of renewables as a fraction of the overall energy supply has been slow, although recent growth of wind and solar is impressive. The rapid growth of renewables in both the United States and Europe has been due in large part to subsidies that make investment in renewables highly profitable. As installed capacity has increased, both state and national governments have tended to cut subsidies, resulting in substantial decreases in renewable investments.
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