FORBES | Just how has COVID-19 changed the global energy picture and just what should be done to burrow our way out of these troubles? That’s the question that both chambers of Congress took up this week — answers that largely centered on stimulating demand and rejuvenating investment levels.
The central premise behind the hearings was that energy is the foundation of every economy — that no industry can produce unless it has access to reliable electricity. And when COVID-19 struck and the United States went into lockdown, it affected business, travel and global supply chains. That, in turn, has had profound ramifications on everything from fossil fuels to renewable energy to advanced technologies.
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