Weak demand pushing oil, gas toward 'terminal decline' – report

Think tank Carbon Tracker says future profits from oil, gas, and coal could collapse by nearly two-thirds.

would peak in the mid-2020s, while the International Energy Agency forecast a plateau towards the end of the decade for oil.triggered by pandemic lockdowns across the world starting in March could accelerate that process.

"By then, renewable energy technologies will be large enough to supply all the growth in energy demand."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

rapplerdotcom /  🏆 4. in PH

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Weak demand pushing oil, gas toward 'terminal decline': report
Read more »

Weak demand pushing oil, gas toward 'terminal decline': report
Read more »

April ‘rock-bottom’ for aviation industry but initial signs of recovery seenA decline of 94.3 percent in international passenger demand last April was the lowest in the history of the aviation industry.
Read more »

[OPINION] Terrorizing us, but not the terrorists'Democracy demands dissent. A government that suppresses legitimate dissenters and lumps them under the umbrella term “terrorists” is a government that fails in its biggest duty: to listen to – and serve – its constituents.'
Read more »

Aspiring Filipino entrepreneurs find success on LazadaRead the stories of these entrepreneurs' humble beginnings and how LazadaPH helped them stretch their wings. BrandRap
Read more »

Miss World PH 'disappointed' as Maureen Montagne declines Miss Eco International 2019 crown
Read more »