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Tag: fossil fuels

Scienceenvironment

Fossil Fuel Phaseout Vulnerability Study

A recent study by the Potsdam Institute for Climate Impact Research reveals that countries highly vulnerable to a fossil fuel phase-out account for only six percent of global economic output. The research highlights how national assets worldwide are impacted by the transition away from oil, gas, and coal. Furthermore, the analysis shows that African nations could significantly benefit from their vast solar energy potential. Interestingly, major global economies like the United States, Europe, and China share surprisingly similar economic interests regarding climate policy.