Petrostates Risk Trillions in Green Energy Shift

reliant: 의존하는
revenue: 수익
As the energy transition gathers speed, economies reliant on oil and gas risk losing trillions of dollars in revenue, thanks to the hit on fossil fuel demand.

restructure: 재구성하다
diversify: 다양화하다
Restructuring requires significant investments in new technologies, retraining the workforce, and diversifying sources of revenue.

generous: 관대한
For example, in many petrostates, citizens have become used to low, or non-existent income taxes, high public sector salaries, and a generous welfare state.

discourage: 좌절시키다
This increases uncertainty which can discourage international investment.

dynamic: 역동적인
Dubai has built a dynamic economy around industries such as finance, property, and tourism.