Net-zero goals face a new threat: Government spending cuts

Investments in renewable energy could be at risk with US and European governments under pressure to bring down spending and deficits.
Photo: Daniel Reinhardt/AP/Ritzau Scanpix
Photo: Daniel Reinhardt/AP/Ritzau Scanpix
By Ronojoy Mazumdar and Sheryl Tian Tong Lee, bloomberg news

With US and European governments under pressure to cut spending and narrow deficits, clean energy investments – and countries’ green goals – are in new jeopardy, strategists and economists say.

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