As governments around the world begin to come to terms with the reality of climate change, the shift towards a green economy amongst the world’s major powers is gathering pace.
Leading the race has always been Europe. In line with its commitment to the Paris Agreement, the EU aims to be climate-neutral by 2050, an objective which now forms the core of the European Green Deal.
In addition, Chinese President Xi Jinping committed the world’s second-biggest economy to carbon neutrality by 2060 in a surprise announcement at the UN General Assembly last year. This new development will be a game changer for the global energy industry.
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