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It’s becoming evident the COVID-19 will disrupt the lives of the world’s 7.8 billion human inhabitants for much longer than we could have imagined. Already, millions are infected and hundreds of thousands dead, while the global economy could contract 3% this year in the worst downturn since the Great Depression.

Policymakers are responding by injecting trillions of dollars to help the sputtering economy. But for economic and environmental reasons, one sector should not receive a taxpayer bailout – the oil and gas industry.

A glimpse into an alternate reality

In cities from Beijing to Delhi to Los Angeles, the blue sky is once again visible as transportation-related emissions have been dramatically curtailed by lockdowns. The speed of this transition has been amazing:

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