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  / /  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.


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