API, for its part, seems to understand these risks: The trade association expressedabout the US Securities and Exchange Commission's proposed new rules requiring publicly traded companies to include climate-related disclosures in their regular reports for investors.
Russia's war in Ukraine and its global implications have blown the oil and gas industry's cover, revealing the same old climate obstruction and deception beneath the surface.
But as my colleague Julie McNamara explained, the industry can't ramp up production fast enough to make a difference anytime soon. We have to look past these blatantly opportunistic dead-ends and implementFurthermore, there's ample evidence from around the globe that nations whose economies rely heavily on oil and gas extraction are less secure and less stable than those that are less dependent on fossil fuel resources. The"Which brings us to the next point.