Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers
Green Car Congress
MAY 6, 2019
So far, the policy focus has been on empowering the early winners of an unfolding renewable-energy race. Nigeria or Algeria cannot do the same for their oil industry. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas.
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