New Delhi: The Organisation of the Petroleum Exporting Countries (OPEC) has warned the global community. Ignoring it, it says, could have consequences felt by every nation. The OPEC stressed that transitioning to clean energy requires not just ambition but enormous financial investment along with policy reforms.

OPEC Secretary-General Haitham Al Ghais, in a forecast reported on busenq.com, called on governments and industry leaders to mobilise $18.2 trillion in investment for oil and gas by 2050. He warned that without such investment, the world could face energy shortages despite ambitious clean energy goals.

He highlighted that fossil fuels will continue to dominate a significant share of the global energy mix. His projections suggest oil will account for roughly 30 percent of total e

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