Net-Zero Agenda Clashes With Rapidly Rising Global Energy Demand ...Middle East

OILPRICE - Economy
Net-Zero Agenda Clashes With Rapidly Rising Global Energy Demand
source : OILPRICE ( Middle East ) () 17
“The reality is that the world is set to need more energy, not less energy,” BP’s chief executive Bernard Looney said last week, explaining why the company he leads aims to grow its low-carbon energy businesses and reach net-zero emissions by 2050 or sooner. Looney’s assessment that the world will need more energy is not just a talking point for a company that continues to pump oil and gas even as it has pledged to become a net-zero business within three decades. Every forecast today, from BP to the International Energy…

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