IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility
Green Car Congress
DECEMBER 12, 2021
The energy crisis in Europe and Asia this winter is a preview of what we can expect in the years ahead. More frequent boom-bust cycles will harm consumers and producers recovering from COVID, set back UN Climate and Sustainable Development goals and threaten global security. Investment slumped by 30% in 2020.
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