Big Business Urges Faster Electrification ...Middle East

Economy by : (OILPRICE) -
A group of major international corporations has urged governments to speed up the electrification of business to reduce reliance on “volatile fuel markets”, Reuters reported today, citing a letter penned by the heads of the companies. “Continued reliance on volatile fuel markets exposes economies to disruptions that drive price spikes, destabilise supply chains and delay investment,” the companies wrote in the letter. The group wrote. There were 112 signatories to the letter, including Ikea, Nestle, Volvo Cars, Nikon, Iberdrola,…

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