The fossil fuel industry is broken - will a cleaner climate be the result?

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Analysts say the coronavirus and a savage price war means the oil and gas sector will never be the same again

The plunging demand for oil wrought by the coronavirus pandemic combined with a savage price war has left the fossil fuel industry broken and in survival mode, according to analysts. It faces the gravest challenge in its 100-year history, they say, one that will permanently alter the industry. With some calling the scene a “hellscape”, the least lurid description is “unprecedented”.

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 /  🏆 84. in SG
 

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I do hope that the fossil fuel industry will collapse

Полагаю, нет!

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