"The climate and COVID-19: a convergence of crises"

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  • "What impact will COVID-19 have on the climate crisis?
  •  Oil firms could ramp up their investment in renewables.
  •  While start-ups face a difficult road ahead, there is huge opportunity for those firms who are well-   positioned for the rebuilding to come.

The clean energy community has spent decades tackling a crisis that has been unfolding in slow motion. As temperatures rise and entire regions burn, entrepreneurs, investors and corporate leaders have developed and deployed terawatts of clean energy and made solar and wind the cheapest sources of electricity across two-thirds of the world.

In recent weeks, a completely different crisis has emerged in full force. The novel coronavirus is shutting down nations, overwhelming hospitals, and moving the world towards a global recession. Meanwhile, oil prices have plummeted - even turning negative - as reduced demand has converged with an increase in supply after the OPEC nations failed to reach an agreement earlier this month." Emily Kirsch @World Economic Forum
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Image by Myriam Zilles from  Pixabay
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