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”

The energy shock

From the October 16th 2021 edition

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