Although fossil fuels are being replaced by clean energy they are not going away. Even coal is not in decline, it’s just peaked globally: declining in mature economies, still rising in developing ones. Henning Gloystein at the Eurasia Group, writing for the Atlantic Council, asks to what extent oil will follow coal. Oil consumption is still growing – 1% this year - though at a much slower rate than before. As with coal, a re-focus onto cleaner … [Read more...]
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