Will Covid-19 Permanently Shrink The Fossil Fuel Industry?
R-Squared Energy
JUNE 16, 2020
as well as a surge of renewable capacity aided by legislation aimed at curbing carbon dioxide emissions. This slowdown had a negative impact on fossil fuel demand. Meanwhile, renewables may see a small negative impact from the pandemic in the short term – but the move toward green energy may gain momentum as the COVID-19 threat fades.
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