As European countries cast around for substitutes for Russian oil and gas, short-term fixes are the need of the hour, leading to a higher oil price and probably more oil and gas production. Joe Biden’s administration, which branded itself the greenest ever, is urging producers to drill. The opportunity to make the covid-19 recovery green has been squandered. over $14trn in pandemic stimulus, injected by 19 countries and the European Union, finds that just 6% went on programmes likely to cut emissions. Do you think that by 2050 the world will have achieved the net zero targets ?

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