Oil-Producing Countries Need Support In Net-Zero Scenario

Oil-producing countries need international support to diversify and lessen their dependence on oil revenues if the world has any hope of reaching net-zero emissions, Iraq’s finance minister and the head of the International Energy Agency (IEA) say. “To meet climate targets and avoid economic collapse, countries such as Iraq need international support in the transition to clean energy,” Iraq’s deputy prime minister and finance minister Ali Allawi and Fatih Birol, executive director of the IEA, wrote in an opinion piece in…