Bessent Encourages World Bank to Invest in Gas and Fossil Fuels -- WSJ

Dow Jones

04/23

By Brian Schwartz

Treasury Secretary Bessent on Wednesday encouraged the World Bank to invest in gas and fossil fuels.

"The World Bank must be tech neutral and prioritize affordability in energy investment. In most cases, this means investing in gas and other fossil fuel-based energy production," Bessent said during a speech at the Institute of International Finance. "In other cases, this may mean investing in renewable energy coupled with systems to help manage the intermittency of wind and solar. "

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

April 23, 2025 10:44 ET (14:44 GMT)

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In most cases, this means investing in gas and other fossil fuel-based energy production,\" Bessent said during a speech at the Institute of International Finance. \"In other cases, this may mean investing in renewable energy coupled with systems to help manage the intermittency of wind and solar. \" \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. 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In most cases, this means investing in gas and other fossil fuel-based energy production,\" Bessent said during a speech at the Institute of International Finance. \"In other cases, this may mean investing in renewable energy coupled with systems to help manage the intermittency of wind and solar. \" \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 23, 2025 10:44 ET (14:44 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4202","symbol_name":"服裝、服飾與奢侈品","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2529356106","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529356106","pubTimestamp":1745419440,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Treasury Secretary Bessent on Wednesday encouraged the World Bank to invest in gas and fossil fuels.\"The World Bank must be tech neutral and prioritize affordability in energy investment. In most cases, this means investing in gas and other fossil fuel-based energy production,\" Bessent said during a speech at the Institute of International Finance. \"In other cases, this may mean investing in renewable energy coupled with systems to help manage the intermittency of wind and solar. \". This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL .","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4202":"服装、服饰与奢侈品","FOSL":"福斯尔"},"translate_title":"贝森特鼓励世界银行投资天然气和化石燃料——《华尔街日报》","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FOSL":1},"content_text":"By Brian Schwartz \n\n\n     Treasury Secretary Bessent on Wednesday encouraged the World Bank to invest in gas and fossil fuels. \n\n\n     \"The World Bank must be tech neutral and prioritize affordability in energy investment. In most cases, this means investing in gas and other fossil fuel-based energy production,\" Bessent said during a speech at the Institute of International Finance. \"In other cases, this may mean investing in renewable energy coupled with systems to help manage the intermittency of wind and solar. \" \n\n\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n  (END) Dow Jones Newswires\n\n\n  April 23, 2025 10:44 ET (14:44 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}