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The world economy is currently caught between two strong influences. The need for change to less carbon-intensive energy fuels is gathering in strength, and action needs to be taken now if the international community will meet the deadlines for limiting global warming to two degrees. However, the Covid-19 virus has hit demand for fuels. Economic recovery and hence energy demand appear to be patchy at best. How will these two influences affect the demand for the various fuel sources?
The world economy is currently caught between two strong influences. The need for change to less carbon-intensive energy fuels is gathering in strength, and action needs to be taken now if the international community will meet the deadlines for limiting global warming to two degrees. However, the Covid-19 virus has hit demand for fuels. Economic recovery and hence energy demand appear to be patchy at best. How will these two influences affect the demand for the various fuel sources?