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The ECB announced another rate hike on Thursday, but economists warn that increasing capital costs will hurt the EU's shift to renewable energy and energy efficiency.

Bruxelles capitaleUnited statesNoord hollandCarsten brzeskiVitor constUuriintuya batsaikhanFatih birolInternational energy agencyUniversity of amsterdamGrantham research institute on climateGrantham research instituteClimate changeInflation reduction act