Business | Playing for time
Don’t expect big oil to fix the energy crunch
Underinvestment highlights the complexities of shifting to clean energy
POWER CUTS in China. Coal shortages in India. Spikes in electricity prices across Europe. A scramble for petrol in Britain. Blackouts and fuel blazes in Lebanon. Symptoms of dysfunction in global energy markets are everywhere.
This article appeared in the Business section of the print edition under the headline “Playing for time”
Business October 16th 2021
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