Solving The Energy Transition Conundrum ...Middle East

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Solving The Energy Transition Conundrum
The COP26, held in Glasgow last year, saw participating countries pledge that they will wean themselves off coal, a promise that has seen very limited progress since. Meanwhile, the IEA in its annual report titled Net Zero by 2050 warned that if the world is to reach the net-zero goal by 2050 there should be no new investments in oil, gas, and coal developments. That was in 2021. Today, floods are sweeping Bangladesh, India, and China. Food shortages are causing problems in the developing world with countries like Peru, Sri Lanka, and Ecuador suffering…

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