oilproducing
COP28: Energy transition may cut oil-producing states’ revenue by 60%
An oil pumpjack in Venezuela Gaby Oraa/Bloomberg via Getty Images More than 20 countries dependent on oil and gas revenues could see these sources of funds cut in half by the transition to clean energy. Such an outcome could have disastrous consequences for workers and governments in these “petrostates” without international support to help manage…