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State Street Global Advisors

2021 Top 500 ranking: 4

Energy Transition a Major Regime Shift for Global Economy

Energy Transition a Major Regime Shift for Global Economy

The world has experienced transitions in fuel types several times before, each reshaping the accumulation of power and capital across the globe. The emergence of oil in the twentieth century lessened the world’s dependency on coal, bringing about the rise of petrostates and geopolitics of oil secured by Pax Americana.

State Street

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