Why the U.S. and China Are Taking Opposite Sides in the Energy Transition ...Middle East

Economy by : (OILPRICE) -
Global economies are increasingly splitting into two opposing camps when it comes to energy policy. While many nations are moving toward electrification and installing record-breaking amounts of clean energy capacity, other nations – most notably the United States, the world’s biggest economy – are installing more fossil fuels than ever before. Put simply, the future of the global energy balance now depends on the results of a high-stakes battle between petro-states and electro-states.  The emergence of artificial intelligence…

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