May 27, 2020: IEA: “The COVID-19 crisis is causing the biggest fall in global energy investment in history”

May 27, 2020: IEA: “The COVID-19 crisis is causing the biggest fall in global energy investment in history”

May 27, 2020: IEA: “The COVID-19 crisis is causing the biggest fall in global energy investment in history”

A disconcerting message as this could have negative consequences for the required sustainable energy growth. On the other hand, the COVID-19 crisis may help us with a more stronger focus on a sustainable world where solar and wind power are important building blocks for our future.

Yes, we realise that when the balance sheets of large energy firms are affected, this may cause an impact on sustainable energy investment. However, decentralised sustainable energy generation, by investments of individual home owners, SME’s and housing corporations can provide the positive push our society needs.

Read more of the IEA press release by clicking here ……