The Oil And Gas Industry Is Booming Despite Net-Zero Ambitions ...Middle East

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The Oil And Gas Industry Is Booming Despite Net-Zero Ambitions
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Both the European Union and the United States are firmly on the path to a net-zero economy. This much has been made clear by officials from both sides of the Atlantic despite the EU’s hunt for more gas and the Biden administration’s calls for more oil production. Yet before net-zero is achieved—if it is ever achieved—both the EU and the US will need more fossil fuels, including coal. And this means that despite calls for more renewables from both governments and the renewable energy industry, despite the active demonization…

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