Africa > Petrostates risk losing $8 trillion as demand for oil and gas falls, says report

Petrostates risk losing $8 trillion as demand for oil and gas falls, says report

Published 00:01 on December 1, 2023  /  Last updated at 13:35 on November 30, 2023  / Susannah Rodgers /  Africa, Americas, EMEA, International, Middle East, South & Central

Some petrostates could lose more than half their expected income from fossil fuels as the energy transition accelerates, technologies advance, and climate policy tightens, according to a report published on Thursday.
Some petrostates could lose more than half their expected income from fossil fuels as the energy transition accelerates, technologies advance, and climate policy tightens, according to a report published on Thursday.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.