Scores of leading global economists this week demanded an end to the funding of fossil fuel projects and called for a massive increase to investments in renewables, saying "it will take unprecedented actions to limit the worst consequences of our dependence on oil, coal, and gas." The declaration, signed by economists including James Galbraith, Juliet Schor, Jeffrey Sachs, and Yanis Varoufasis, "affirms that it is the urgent responsibility and moral obligation of public and private investors and development institutions to lead in putting an end to fossil fuel development."
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