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Petrostates to lose $8trn of fossil-fuel revenues by 2040 - Vimarsana News

Petrostates to lose $8trn of fossil-fuel revenues by 2040

A moderate energy transition will see 28 petrostates lose over half their fossil-fuel revenues by 2040 as demand drops, says Carbon Tracker.

Petrostates to lose $8trn of fossil-fuel revenues by 2040 - Vimarsana News

Petrostates to lose $8trn of fossil-fuel revenues by 2040

A moderate energy transition will see 28 petrostates lose over half their fossil-fuel revenues by 2040 as demand drops, says Carbon Tracker.

COP28: Energy transition may cut 60% of oil-producing states' revenue - Vimarsana News

COP28: Energy transition may cut 60% of oil-producing states' revenue

Without more international support, the transition away from fossil fuels could have disastrous effects for low-income countries reliant on their oil and gas industries

COP28: Energy transition may cut oil-producing states' revenue by 60% - Vimarsana News

COP28: Energy transition may cut oil-producing states' revenue by 60%

Without more international support, the transition away from fossil fuels could have disastrous effects for low-income countries reliant on their oil and gas industries

Fossil Fuel Exporters Face $8trn Loss in Green Energy Shift, Report Warns - Vimarsana News

Fossil Fuel Exporters Face $8trn Loss in Green Energy Shift, Report Warns

A new report from Carbon Tracker assesses the financial risks of global clean energy transition to fossil fuel exporters. It warns of significant losses in revenues, urging nations to mitigate risks.

Source: edie.net