Growth is slowing everywhere in the global economy this year—and will likely slow even more next year. This increases the vulnerability to a shock and means that the risks of a recession will rise in 2020 and 2021. What could trigger such a recession? What policies, if any, do the world’s key economies have to fight the next downturn? Are political and policy uncertainty part of the problem?
Recent years have seen integrated oil companies and utilities investing heavily in a range of clean technologies, including renewable power, EV charging, power storage, biofuels, and CCUS. The new energy transition brings new opportunities, but also challenges to existing business models and pressure to increase company sustainability. What will be the impact of these investments on company strategy, technology development, and the move to a low-carbon, global energy system?