The twin economic shocks triggered by low oil prices and COVID-19 containment measures will have a disruptive impact on renewable energy in 2020 and 2021. Further down the line, however, it will galvanise sector growth, as investors increasingly seek to diversify away from risky portfolios. Prospects will improve further if governments maintain their commitments to sustainable energy and improve their investment climates.
Brexiteer Tories let Theresa May down
Theresa May does not have parliamentary confidence in her approach to securing Brexit. This is the second blow to the Prime Minister’s authority in a month. The previous setback for May was on the 15th January when 68% of present MPs voted against her Withdrawal Agreement, mostly citing the Irish backstop question as a dealbreaker.