Petrostates ‘need to bridge $9 trillion gap’ in energy transition

Oil and gas producing countries face a multi-trillion dollar hole in government revenues over the next 20 years as the world decarbonises, with some needing strong international support to diversify their economies and avoid social and political instability. That’s according to a report from Carbon Tracker, which calculates that 40 petrostates could face an average 46% drop in […]