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John F. Kerry, Special Presidential Envoy for Climate of the United States, gestures during a news conference at the World Economic Forum in Davos, Switzerland, Tuesday, May 24, 2022. The annual meeting of the World Economic Forum is taking place in Davos from May 22 until May 26, 2022. (AP Photo/Markus Schreiber)

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Government and corporate leaders at the World Economic Forum are debating whether oil and gas companies can or should be part of the future transition to renewable energies such as wind and solar. The question is both practical and urgent, as Russia’s invasion of Ukraine has forced many countries that depended on Russian oil and gas to make swift changes to energy supplies. Many energy experts argue that viable alternatives are already in place. For example, the cost of wind and solar have come down considerably in recent decades while efficiencies of both have dramatically increased. At the same time, other more nascent technologies have promise but need massive investment to develop.

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Mark Bendell and his wife Laurie talk in their kitchen, Monday, May 23, 2022, in Boca Raton, Fla. A stock market slump this year, which has taken big bites out of investors’ portfolios, including retirement plans like 401(k)s, is worrying Americans who are within a few years of retirement. (AP Photo/Marta Lavandier)

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Mark Bendell stands at the entrance to his home, Monday, May 23, 2022, in Boca Raton, Fla. A stock market slump this year, which has taken big bites out of investors’ portfolios, including retirement plans like 401(k)s, is worrying Americans who are within a few years of retirement. Despite the market's decline, investors like Bendell are sticking to their retirement timeline. (AP Photo/Marta Lavandier)

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Mark Bendell sits at his home office, Monday, May 23, 2022, in Boca Raton, Fla. Americans on the cusp of retiring are facing a tough choice as they watch their nest eggs shrink: Stay the course or keep working. Despite the market's decline, investors like Bendell are sticking to their retirement timeline. (AP Photo/Marta Lavandier)

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Americans on the cusp of retiring are facing a tough choice as they watch their nest eggs shrink: Stay the course or keep working. A stock market slump this year has taken a big bite out of investors’ portfolios, including retirement plans like 401(k)s. The S&P 500, the benchmark for many index funds, is down about 17% since its all-time high in early January. The sharp reversal after a banner 2021 for Wall Street has been particularly unsettling for those who have been planning to retire sooner, rather than later, and banking on a healthier stock portfolio to help fund their post-work lifestyle.

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John F. Kerry, Special Presidential Envoy for Climate of the United States, gestures during a news conference at the World Economic Forum in Davos, Switzerland, Tuesday, May 24, 2022. The annual meeting of the World Economic Forum is taking place in Davos from May 22 until May 26, 2022. (AP Photo/Markus Schreiber)