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Energy transition to be delayed amid Trump's oil push
Mint Mumbai
|February 18, 2025
Energy transition, or the shift away from fossil fuels to renewable sources, remains crucial to combating climate change, but the progress could slow as US president Donald Trump pushes for boosting domestic oil and gas production, Jérôme Sevin, partner and global lead for energy and process industry at consulting firm Kearney, said.
He said although the goal of energy transition remains intact globally, the path and pace of transition is different for every region and country.
"I think the way the energy transition is operating is different from one region to another region. And with the new Trump administration the way they want to operate the transition is a bit different, than what Europe is doing. For instance, in Europe, people are pushed by the government, by European Union with different laws," he added.
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