Climate change and carbon emissions are two of the top issues discussed at the CERAWeek by S&P Global summit in Houston, which is one of the largest energy conferences around the world.
"We should abandon the fantasy of phasing out oil and gas and instead invest in them adequately reflecting realistic demand assumptions," he said.Oil consumption will reach a new record of 104 million barrels per day this year, Nasser said, and could keep growing through 2045. After the agreement was passed in December during the UN climate conference, the president of the two-week summit in Dubai, Sultan al-Jaber, said theThe agreement was considered groundbreaking as it marked the first time that countries agreed to explicitly address fossil fuels and the need to move away from oil, natural gas and coal in order to limit global warming.
"We're not on the path to make net-zero by 2050 currently and one of the challenges here is that while society wants to see emissions reduced, nobody wants to pay for it," said Darren Woods, chief executive of ExxonMobil. A 31-year-old woman from Belarus has died after being chased by a bear in Slovakia's Low Tatras mountain range. The pair ran in opposite directions, and the man lost sight of the woman as she was chased by the bear, Slovak Mountain Rescue Service said.WINNIPEG — The Manitoba government says it's taking measures to mitigate potential impact to the province's economy after Imperial Oil Ltd.
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