COVID-19 Will Significantly Reduce Global Long-Term Energy Demand

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The economic and behavioural ramifications of COVID-19 will significantly reduce global long-term energy demand, according to new research by DNV GL’s Energy Transition Outlook. COVID-19 has also hastened the decline in carbon dioxide emissions – with 2019 set to be the year of peak CO2 emissions - yet the overall impact on our carbon budget is minimal.

The economic and behavioural ramifications of COVID-19 will significantly reduce global long-term energy demand, according to new research by DNV GL’s Energy Transition Outlook. COVID-19 has also hastened the decline in carbon dioxide emissions – with 2019 set to be the year of peak CO2 emissions - yet the overall... ... More: Official Press Release DNV GL

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