IEA: The coronavirus crisis is causing the biggest fall in global energy investment in history

IEA says global energy investment is to plunge by 20% in 2020

In money terms, that is equivalent to roughly $400 billion. Prior to the crisis, IEA had estimated global energy investment to grow by 2% this year. The agency also notes that governments and the overall industry is set to lose well over $1 trillion in revenue as a result.

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