We cannot possibly address climate change in an effective manner if we continue down this path. The International Energy Agency concluded that oil and gas production needs to decrease by more than 70 percent worldwide by 2050 if we are to meet the climate goals of the Paris climate agreement. And yet the U.S. government's own modelers expect our oil and gas production toover the coming three decades, despite the IRA, largely due to growing exports.
If Saudi Arabia decided to power its domestic electricity sector with solar energy while continuing to produce massive amounts of oil and gas for export, climate advocates would praise that decision, but we would also criticize the climate damage that the country would be causing by continuing with business as usual when it comes to production.
The same is true for the United States. It's great that we are moving toward a domestic electricity sector that limits reliance on fossil fuels. But if the United States continues to outpace Saudi Arabia and Russia in oil and gas production, this achievement leaves a lot to be desired.
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