Industry News: ESG

Global Energy Spending to Fall $400bn Due to Coronavirus Crisis

Written by ESG | 1-Jun-2020 3:10:07 PM

2020-05-27

Financial Times: The coronavirus pandemic will slash energy sector investment by about $400bn this year — the biggest ever annual fall — with the International Energy Agency warning that the world could grow more dependent on cheaper, dirtier fuels that undermine global climate goals. [Full article available to Financial Times subscribers]

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