The News Of Tomorrow, Today
The News Of Tomorrow, Today
Oil And Gas
Brian Kahn
Stop me if you’ve heard this one before: The world is on track to blow past the climate goals outlined in the Paris Agreement. Despite record fossil fuel-demand drop amid the pandemic, fossil fuel companies are still planning to produce more oil, gas, and coal in the coming decade, and…
New satellite images show that the world’s number of large methane hotspots increased by nearly a third in the first eight months 2020, despite industry pledges to reduce greenhouse gas pollution and tanking fuel demand tied to the pandemic.
The pandemic has dramatically decreased demand for oil and gas, and a new analysis shows producers are responding to the dip. Companies are idling the tools that help them tap fossil fuels under the Earth, slowing exploration down.
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