Why switching to renewables is proving a slow burn

CNN | Sep 13, 2019 at 12:48 PM
  • Abu Dhabi (CNN Business)The biggest player in oil is embarking on its own transition to cleaner sources of energy.
  • The panel offered a couple of key remedies, from a more consistent use of carbon taxes to accelerate investment into renewable technologies, to altering the mandate of regional and international lenders to support developing countries in making the energy transition.
  • Bennet Tucker, secretary of the board of the World Energy Council’s “Future Energy Leaders,” suggested the focus of efforts to tackle climate change cannot be limited to the countries who are earlier adopters of renewable energy but must include those who will be hurt by those efforts.