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Tag: Fossil fuel

Climate change risk hits oil market

Posted on July 17, 2024 By admin
Climate change risk hits oil market

An offshore oil rig platform is photographed in Huntington Beach, California, U.S. July 4, 2024. | Photo Credit: Reuters From forest fires to hurricanes and other natural disasters: climate change risk is increasingly influencing oil prices, just as the world is struggling to shift away from high-polluting fossil fuels. Hurricane Beryl became the latest weather…

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Science

Global Fossil Fuel Use, Energy Emissions Hit All-Time Highs In 2023: Report

Posted on June 19, 2024 By admin
Global Fossil Fuel Use, Energy Emissions Hit All-Time Highs In 2023: Report

Fossil fuel accounted for almost all demand growth in India in 2023, the report said. London: Global fossil fuel consumption and energy emissions hit all-time highs in 2023, even as fossil fuels’ share of the global energy mix decreased slightly on the year, the industry’s Statistical Review of World Energy report said on Thursday. Growing…

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