Saudi Aramco’s top official warned on Sunday that an increased focus on climate was undermining investment in oil and gas to the point where it now posed a threat to the world’s energy security.
Global investments in the clean energy transition hit $1.1-trillion in 2022, equalling for the first time the amount invested in fossil fuel production, according to an analysis from BloombergNEF...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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