Oil giant BP released a report predicting that the world would sharply reduce its reliance on the company's signature product over the next 25 years as countries hasten their transition to renewable sources of energy so as to combat climate change.
Oil giant BP released a report Monday predicting that the world would sharply reduce its reliance on the company's signature product, oil and gas, over the next 25 years as countries hasten their transition to renewable sources of energy so as to combat climate change.
“The continuing rise in carbon emissions and the increasing frequency of extreme weather events in recent years highlight more clearly than ever the importance of a decisive shift towards a net-zero future,” Spencer Dale, the chief economist at BP,Helping spur the transition to renewables, the report says, are actions being taken by countries like the United States to rein in greenhouse gas emissions that“Government support for the energy transition has increased in a number of countries,...
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How soon will it be until the world reaches 'peak oil'?Oil giant BP released a report Monday predicting that the world would sharply reduce its reliance on the company's signature product, oil and gas, over the next 25 years as countries hasten their transition to renewable sources of energy so as to combat climate change.
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