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Industrial policy has a long history, having been used by many governments to encourage economic development through the provision of direct financial support and/or supportive regulations to specific sectors and industries. Over the past decade, the energy transition has increasingly forced...
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The crucial position that Saudi Arabia has in global oil markets cannot be overstated. In 2019 its proven crude oil reserves stood at 297.6 billion barrels, representing 17 per cent of the world's total. In the same year Saudi Arabia produced 11.8 million barrels per day (mb/d) of crude,...
Persistent link: https://www.econbiz.de/10012663575
National commitments to cut greenhouse gas (GHG) emissions currently fall far short of what is needed to meet the goal of the 2015 Paris Agreement to limit global warming to 1.50 C and no more than 20 C. Meeting this goal will require an estimated 45% reduction in global emissions by 2030,...
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