Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers
Green Car Congress
MAY 6, 2019
For example, rich countries such as Germany can throw billions of dollars at their coal sector to ease their transition pain, offering generous financial aid to lignite-producing regions. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas.
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