Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers
Green Car Congress
MAY 6, 2019
For example, rich countries such as Germany can throw billions of dollars at their coal sector to ease their transition pain, offering generous financial aid to lignite-producing regions. Nigeria or Algeria cannot do the same for their oil industry. Financial markets divest fossil-fuel assets and reallocate capital to low-carbon firms.
207 
Let's personalize your content