A recent from Reclaim Finance, an anti-fossil fuel campaign organization, for instance, named and shamed asset managers investing in oil, gas, and coal.
The supply of crude oil is limited, however, and cannot be increased further, since it has become increasingly difficult to find and develop new oil reserves in recent years.
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Moreover, a total global energy transition is another fantasy.
Description: That is why the Intergovernmental Panel on Climate Change IPCC and other organizations involved with the environment should come clean and admit as a first step that fossil fuels are here to stay well into the future or until an alternative as versatile and practicable as oil is discovered or developed.
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This, in my opinion, is the right approach to dealing with climate change problems rather threatening the world all the time with existential threats and problems that may or may not happen.
Investment in oil and gas production, therefore, will increase despite the grim warnings of climate campaigners.
+298 reps Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice
+378 reps Price. 1 Barrel ≈ 0,136 Tonnes of Crude Oil. Oil (WTI) Price Per 1 Ton. 813.09 USD. 1 Barrel = 42 Gallons. Oil (WTI) Price Per 1 Gallon. 2.63 USD.
+246 reps The oil price charts offer live data and comprehensive price action on WTI Crude and Brent Crude patterns. Get information on key pivot points, support and resistance and crude oil news. Support.
+248 reps By Felicity Bradstock - May 11, 2022, 3:00 PM CDT. Carbon capture and storage technologies are set to play a vital role in the global push for a net-zero future. The United States is planning to.
+276 reps Conversion. Oil (Brent) Price. Price. 1 Barrel ≈ 0,136 Tonnes of Crude Oil. Oil (Brent) Price Per 1 Ton. 773.90 USD. 1 Barrel = 42 Gallons. Oil (Brent) Price Per 1 Gallon.
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