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ENERGY TRANSITION

WoodMac warns high interest rates will slow down energy transition

Policymakers should bolster carbon markets by maximising subsidy efficiency

Yiying Li
Solar panels wind turbines installed as renewable energy sources. Credit: Shutterstock/Mr Kosal

Solar panels wind turbines installed as renewable energy sources. Credit: Shutterstock/Mr Kosal

The transition to a net zero global economy will be even harder and more costly if high interest rates persist, energy consultancy Wood Mackenzie (WoodMac) warns in its latest report.  According to...

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