UAE Energy and Infrastructure Minister Suhail Al Mazrouei said the country plans to derive half of its energy mix from renewables by 2050. Chris Whiteoak / The National
UAE Energy and Infrastructure Minister Suhail Al Mazrouei said the country plans to derive half of its energy mix from renewables by 2050. Chris Whiteoak / The National

Business

Energy

Low investment in fossil fuels detrimental to energy transition, UAE minister says

Oil prices are currently trading at multiyear highs as economies reopen

Jennifer Gnana
Jennifer Gnana

November 08, 2021

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