The G7 Has Paved The Way For Increased Oil And Gas Spending ...Middle East

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The G7 Has Paved The Way For Increased Oil And Gas Spending
source : OILPRICE ( Middle East ) () 15
Despite repeated commitments to emission reduction and a switch to cleaner energy sources on the part of governments in Europe and North America, oil investment is about to start growing again. The clearest sign yet was the G7 meeting this week, where the members of the rich club negotiated a delay in the complete halt of investments in fossil fuels in third countries as their own countries grapple with energy shortages that have no recent precedent. Per media reports, Britain, Canada, France, Germany, Italy, Japan, and the United States—although…

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