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Financing the Oil and Gas Industry In Africa in the Light of Energy Transition

From apposecretariat.org

Africa's position on fossil fuels should be appreciated from historical perspective. the adverse impacts of fossil fuel use to the atmosphere did not just come to light. As early as the beginning of the 1900s Western scientists had sounded the alarm that emissions from fossil fuels were affecting the climate. But their concerns, informed by their scientific findings, were ignored or in some cases, suppressed by the then industrialized and industrializing nations, who needed a lot of fossil energy to consolidate their industrialization and economic and social development. A century later, when these countries had ... (full story)

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  • Category: Fundamental Analysis