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Transition concerns speed fossil fuel development - News for the Energy Sector

Summary by Ground News
Governments don’t know whether hydrocarbons will be viable, says Bracewell partner Ronen Lazarovitch. A number of states have taken steps in the last year to secure new investments. Selling assets allows these companies to reduce carbon emissions and secure funds for new renewable projects.

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Transition concerns speed fossil fuel development - News for the Energy Sector

If energy demand is shifting away from fossil fuels, the most economically rational move for governments is to maximise development of resources now.The post Transition concerns speed fossil fuel development appeared first on Energy Voice.

·United Kingdom
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Energy Voice broke the news in United Kingdom on Friday, June 18, 2021.
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