COVID-19 risks cancelling out recent progress in transition to clean energy

For Canada, the challenges lie in balancing energy transition with economic growth given the role of energy sector in its economy

COVID-19 risks cancelling out recent progress in transition to clean energyThe coronavirus pandemic risks cancelling out recent progress in transitioning to clean energy, with unprecedented falls in demand, price volatility and pressure to quickly mitigate socioeconomic costs placing the near-term trajectory of the transition in doubt, says the World Economic Forum. The Forum’s latest report, Fostering Effective Energy Transition 2020, said policies, roadmaps and governance…