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Study highlights risk to Wales from global fossil fuel market - Transport + Energy
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Study highlights risk to Wales from global fossil fuel market - Transport + Energy
A new study has highlighted the economic consequences of Wales’s continued dependence on volatile global fossil fuel markets, as the conflict in Iran sparks fears of another energy price crisis. New analysis by the Energy and Climate Intelligence Unit (ECIU) has found that the energy crisis which followed the Russian invasion of Ukraine in 2022 cost the Welsh economy £5.65 billion – more than three times as much as the Welsh Government intends o…
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