The World Economic Forum (WEF) on Thursday highlighted the need to fully understand the scope and scale of the challenge for the key industrial sectors and identifies a significant gap versus the pace of decarbonization necessary to achieve .
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The pace of energy transition needs to be supercharged as the world confronts a spike in fuel prices, challenges to energy security and the slow progress on climate action, said a report.
A special report on the state of the global energy transition, released today by the World Economic Forum indicates that urgent action is required by both private and public sectors to ensure a resilient transition as the world faces the most severe energy crisis since the 1970s. According to the…