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Renewable energies have become an indispensable component of the energy mix, irrespective of fluctuations in oil prices.Solar energy was simply promoted as a renewable energy that could be endlessly exploited by the Arab world, compared to depletable fossil fuels, which should be conserved and efficiently used, not only in producing energy but also countless other useful products.However, serious threats emanating from climate change in the form of carbon-dioxide emissions gave renewable energies, especially solar and wind, a major boost in the last two decades.Nevertheless, investments in renewable energies traditionally increased with increasing oil prices because renewable energies have become economically feasible, and vice versa. This affected the position of renewable energy in the stock markets, as demonstrated by the plummeting shares of renewable energy companies when oil prices fell in 2008 . Today, 22 percent of China's energy mix is attributable to power generated from renewable sources.In Mexico, power generated by renewable energy currently amounts to 15 percent of the total, with a target of 35 percent in 2024 .
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