Norwegian finance CEO Kjerstin Braathen: Energy transition will create energy shortages & inflation, but ‘that pain is actually worth it’
Norwegian finance CEO Kjerstin Braathen: "We need to accept there will be some pain in the process. The pace that we need will open up for missteps. It will open up for shortages of energy, it will create inflationary pressures. And maybe we need to start talking about that, that pain is actually worth it because if we don't there is no business case, there is no economy, there is no welfare."
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Also see: Biden praises high gas prices as part of ‘incredible transition’ away from fossil fuels
Speaking about small and medium businesses in Davos, Norwegian finance CEO Kjerstin Braathen says energy transition will create energy shortages and inflationary pressures, but this "pain" is "worth it." pic.twitter.com/Ne70lRle5W
— Andrew Lawton (@AndrewLawton) May 23, 2022
Biden praises high gas prices as part of ‘incredible transition’ away from fossil fuels
