Fossil Fuel Industry

‘Oil’ Presumed To Be The Weakest Link Of Fossil Fuel!

Credits: Chris LeBoutillier/ Unsplash
  • Consequently, oil producers should prepare for a faster-than-expected stranding of their reserves.
  • Coal producers and users have a symbiotic relationship. 
  • Investors who build coal-burning power plants are unlikely to shut down voluntarily. 

The New York Times recently carried a front-page story asserting that Saudi Arabia planned to “keep oil at the center of the global economy” for decades. 

Supply chain linkup

Other Mideast Gulf countries no doubt share...

https://mfame.guru/oil-presumed-to-be-the-weakest-link-of-fossil-fuel/

World’s First Fossil Fuel Registry Launched

Climate campaigners have launched the world’s first registry of fossil fuel reserves, production and emissions, reports Al-Jazeera.

Global Registry of Fossil Fuels

The Global Registry of Fossil Fuels is the first large-scale public database to track what is yet to be burned. Its launch coincides with global climate talks set to take place at the UN General Assembly in New York.

The world’s first database for tracking global fossil fuel production, oil and gas reserves, and emissions is set to...

https://mfame.guru/worlds-first-fossil-fuel-registry-launched/