Carney: New Oil & Gas Investment Is Still Needed In The Energy Transition

Investment in new oil and gas production will still be needed in the energy transition as demand will still be there over the next few decades, Mark Carney, former governor of the Bank of Canada and the Bank of England, said in an interview with CTV on Sunday. The world is raising investments in clean energy, but oil and gas will still be necessary and will need investment to keep up with demand, said Carney, who is currently head of transition investing at Brookfield Asset Management.   The energy crisis and policy actions sent global investment…