Report Warns of Fiscal Reckoning for Oil Exporters

cc Flickr joiseyshowaa, modified, modified,


The global transition toward renewable energy sources was always going to pose a challenge for oil-exporting states. A recent report from Carbon Tracker, a think tank based in the United Kingdom, attempts to quantify this challenge.

The data will make for grim reading for policymakers in oil-exporting states, as it paints the picture of a reckoning that comes faster and cuts deeper than many are expecting.

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