Home Views Environmental, Social and Governance

The energy crisis: The imperative for energy transition

Jennifer Boscardin-Ching
Jennifer Boscardin-Ching10/29/2021 04:33 PM GMT+08  • 5 min read
The energy crisis: The imperative for energy transition
Oil and gas prices are seen to normalise again after winter, but it raises the question of their impact on the energy transition.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Over the next few weeks, world leaders will gather at the COP26 summit in Glasgow as they continue to set a course for global greenhouse gas emissions to reach net zero by 2050.

At the same time, a global shortage of natural gas due to low stockpiles has sparked a supply crunch around the world, pushing up power prices and leading policymakers to grapple with potentially sky-high power bills come winter.

While oil and gas prices have historically always been volatile and are expected by analysts to normalize again after the winter, it raises the question of their impact on the energy transition.

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.