Who Will Foot The $40-Trillion Energy Transition Bill?

The pandemic has multiplied the calls for ‘building back greener’ energy systems as economies recover from COVID-19. From the UK to China, governments around the world are racing to announce net-zero emission targets within three to four decades, and they are unveiling green stimulus packages to help economies to decarbonize and the world to stave off an unsustainable rise in global temperatures.    The fight against climate change and the need to curb were already prominent features of government plans even before the…