Home Business NewsBusiness Support shifts away from fossil fuels despite rising energy prices

Support shifts away from fossil fuels despite rising energy prices

by LLB Reporter
30th Mar 22 11:53 am

According to a new survey, there is strong global support – across all countries and demographic groups – for the energy transition to move away from fossil fuels.

A majority of consumers worldwide expect their overall spending power to be significantly impacted by further energy price increases, yet only 13% of those surveyed globally blamed climate policies for rising prices, while 84% of respondents stressed the importance of their own country’s shift to sustainable energy sources.

These are some of the key findings of a survey conducted by the World Economic Forum and Ipsos among 22,534 adults in 30 countries between February 18 and March 4 2022.

“The energy transition has always been about security, affordability and environmental sustainability:  the so-called energy triangle,” said Roberto Bocca, Head of Shaping the Future of Energy and Materials, World Economic Forum. “The current geopolitical context makes it even more true today. This survey underlines that popular support exists for the transition to a new energy system that is more sustainable, secure and affordable.”

Leave a Commment

You may also like


Sign up to our daily news alerts

[ms-form id=1]