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Monday, 31 August 2026

US forces strike Iran over sea mines, and the Strait of Hormuz stays shut

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Climate

The truth: The clean-power slowdown showing up in this year's numbers is not a fall in demand for clean power or a rise in the cost of the machines - it is a fall in what investors will accept for lending money against a fixed price agreed years ago, and the projects being abandoned are the ones that borrow the most before earning anything.

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