Global energy investment to plummet this year
The coronavirus pandemic will result in the largest drop in global energy investment ever recorded, with spending expected to plummet across every major sector this year.That is according to a new report from the International Energy Agency (IEA), which said that the “staggering“ decline could have serious implications for energy security and clean power transitions.
Continue reading this with an IEMA membership
Already a Member?
Join now & unlock access to
- News, analysis & innovation from our sector
- IEMA webinars, podcasts and publications
- Training and career opportunities
- Unprecedented industry networking
Start your IEMA journey today!
UK chancellor Rishi Sunak has today confirmed a temporary windfall tax on the profits of oil and gas firms to help with the cost-of-living crisis.
Limiting global warming to 2°C above pre-industrial levels is now possible if all nations honour the climate pledges made at the Glasgow COP26 conference last year, a new study has found.