Renewable energy made up half of world's new power plants in 2014: IEA

International Energy Agency says figures are a “clear sign” of a transition from coal to clean energy...

“The biggest story is in the case of renewables,” said IEA executive director, Fatih Birol. “It is no longer a niche. Renewable energy has become a mainstream fuel, as of now.” He said 60% of all new investment was going into renewables but warned that the $490bn of fossil fuel subsidies in 2014 meant there was not a “fair competition”.