Why The World Can’t Quit Fossil Fuels ...Middle East

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Why The World Can’t Quit Fossil Fuels
source : OILPRICE ( Middle East ) () 25
Have the recent pronouncements of the death of oil and reigning renewables been more rhetoric than reality? Yes and no. It’s true that peak oil is now closer than ever, and globally we’re seeing a more earnest effort to decarbonize than ever before, in large part thanks to green stimulus packages for post-COVID economic recovery. But for all of the advances that green energy is making around the world, it’s just not enough to achieve the kind of greenhouse gas emissions reductions necessary to curb the impact of climate change.…

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