The geopolitical and geo-economic forces wrought by the coronavirus pandemic are likely to slow the transition to a more sustainable global energy mix. Fortunately, the pandemic has also resulted in governments gaining vastly greater influence over whether this shift stalls or accelerates.
To push ahead, governments will need to go beyond simply devoting stimulus funds to cleaner energy, however welcome that is. Ultimately, policies will be more important than government spending in creating an environment in which all actors have sufficient incentive to advance the energy transition.
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