Major economies should divert fossil fuel Covid-recovery cash to clean energy before it's too late

A report by Finnish company Wärtsilä has estimated the potential impact if every dollar committed to a non-renewables energy sector recovery was instead funneled to clean power.Taxpayers will be left to pick up the bill in nations which tilt Covid-recovery packages towards fossil fuels, according to a new report, because the bad economics of legacy generation assets will force companies to withdraw somewhere down the line - and leave a big clean-up operation. Kingsmill Bond could be accused of over optimism when he writes, in a new publication by Finnish marine and energy company Wärtsilä, that ...

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