The oil and gas industry has been in a recession, effectively since the global financial crisis 11 years ago. Each year, production volumes have increased by more than global demand, meaning that the market has been in decline, with lower prices for crude oil and natural gas the natural result.
The Republic of Korea’s response to COVID-19 has been among the most effective in the world. By combining aggressive testing with early isolation and treatment of those who test positive, Korea has lowered its infection rate while avoiding the need to lock down entire cities. The government reorganized hospitals to prevent infection, effectively distributed face masks, and will cover all COVID-related medical costs.
Originally published on RenewEconomy. Here’s a surprising statistic: Despite all the trials and tribulations – and mostly the inconsistency – over climate and clean energy policies across the world, the climate sector in the past year has performed better than the broader market for the first time since the global … [continued]
