Oil and gas companies are looking at a bonanza from the Ukraine war

  • 📰 GuardianAus
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 98%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Analysis: fear of shortages gives fossil fuel companies leverage with governments that could be disastrous for the climate

, through ramping up renewables and seeking alternative sources of oil and gas supply.

Robin Baillie, partner in the energy group at the international law firm Crowell and Moring, said: “Governments around the world are looking for, and the North Sea is an obvious one for the UK, until such time as more renewables come online.” Marc van Baal, of Follow This, a group of 8,000 green shareholders in oil and gas companies, said: “The leaders of oil and gas companies really have shown in the last years that they want to. This is what they understand – turning hydrocarbons into petro-dollars. So I am afraid this is what they are telling governments they should do.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Hard pivot to EVs now. The oil barons can get fucked.

l'm so happy because I just received my payment successfully from Thompson harry thanks for keeping to your words I now believe that your program is real . thompson_harry0

We know. 2:35/L and 2.40/L in Perth

Someone needs to prevent the bonanza. simple.

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:

 /  🏆 1. in CA

Canada Canada Latest News, Canada Canada Headlines