ENERGY INVESTMENT

Pandemic-induced slump in global energy investment risks locking in obsolete technologies

The Covid-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge by $400-billion in 2020, a new International Energy Agency (IEA) report shows. Describing the slump as “unparalleled” and …

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Global energy investment out of step with security of supply, climate needs

ENERGY INVESTMENT / Terence Creamer

A new report on global energy investment in 2018 points to an ongoing misalignment between approved expenditure on new fuel and power projects and meeting the twin goals security of supply and decarbonisation. The International Energy Agency’s (IEA’s) …

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