A new study has found that government policies that help accelerate the energy transition to net zero will reduce future energy bills and create jobs while maintaining GDP growth in both advanced and developing economies.
Denmark’s plans to export renewables to North West Europe via energy islands in the North and Baltic Seas are beginning to look increasingly promising following growing political support to tackle energy security and volatile prices due to the Ukraine war.
Inflationary pressures are making investment in low carbon solutions more expensive, while ESG concerns mean many O&G companies are also avoiding an increase in hydrocarbon investment.
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