Climate concerns are driving an acceleration in the global transition towards environmentally sustainable energy sources, with significant implications for emerging markets as they seek to keep pace with high demand growth over the long term. In a sign of the growing influence of environmental, social, and governance (ESG) standards on the energy industry, three of the world’s energy majors recently experienced significant developments that could dramatically change the way they do business.
In a landmark ruling, on May 26 a Dutch court…Emerging Economies Face An Impossible Challenge In The Energy Transition
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