Exxon Mobil and Chevron, the two largest U.S. oil companies, this month committed to spending more than $50 billion each to buy smaller companies in deals that would let them produce more oil and natural gas for decades to come. But a day after Chevron announced its acquisition, the International Energy Agency released an exhaustive […]
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Clean Energy’s Powerful Momentum
Nearly every day, there is confounding news to make us question whether the world is pushing hard enough to transition away from fossil fuels. Yesterday, Chevron announced a $53 billion acquisition of a midsize rival, as Big Oil consolidates and doubles down on the bet that fossil fuel demand will continue to increase. But if […]
Read MoreI.E.A. Sees Oil, Gas and Coal Demand Peaking By 2030
For more than a century, the world’s appetite for fossil fuels has been expanding relentlessly, as humans have continued burning larger amounts of coal, oil and natural gas almost every year to power homes, cars and factories. But a remarkable shift may soon be at hand. The world’s leading energy agency now predicts that global […]
Read MoreI.E.A. Says Oil Is Near Its Peak, but Climate Change Is Far Fro
Cleaner energy technologies like electric cars and solar panels are spreading so rapidly that the global use of oil, coal and natural gas could peak this decade, but countries will still need to pursue more aggressive measures if they want to limit global warming to relatively safe levels, the world’s leading energy agency said Tuesday. […]
Read MoreI.E.A. Says Oil Is Near Its Peak, but Climate Change Is Far Fro
Cleaner energy technologies like electric cars and solar panels are spreading so rapidly that the global use of oil, coal and natural gas could peak this decade, but countries will still need to pursue more aggressive measures if they want to limit global warming to relatively safe levels, the world’s leading energy agency said Tuesday. […]
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