World in one of the most severe energy crises since 1970s, says WEF

UN Secretary General Secretary General Antonio Guterres called the short-sighted rush to fossil fuels such as coal and LNG as "madness". - Reuters

DAVOS, May 22 (Asia News Network): The war in Ukraine, as well as the pandemic and the quick economic rebound in its aftermath, significantly disrupted energy transition efforts.

This has left the world in one of the most severe energy crises since the 1970s, said the World Economic Forum (WEF) in a new report titled Fostering Effective Energy Transition 2022.