Warnings at FII about risks of saving the environment and ignoring the economy

Aran News Saudi Arabia28 Oct, 2021News

RIYADH: It was surprising to see that the big deal makers and large asset managers are so displeased with the fast pace of the environmental action at the expense of global economic recovery. For years, oil-producing countries such as Saudi Arabia have warned that the world is moving too fast to reduce carbon emissions, with the result that less money is being channeled into hydrocarbon projects.