When the executive director of the International Energy Agency, Fatih Birol, suggested in an op-ed last month that demand for fossil fuels like oil, gas, and coal would peak before 2030, major oil producers cried foul, saying that their investments into carbon capture technologies and other climate efficient production techniques will encourage increased consumption with a cleaner footprint. Then they doubled down. [time-brightcove not-tgx=”true”] The past two weeks have seen two of the biggest energy deals ever, with ExxonMobil’s $59.5 billion purchase of the shale driller Pioneer Natural Resources on Oct. 11, followed by Chevron’s Oct. 23 acquisition of rival producer Hess in a
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