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Commodities Briefing - Categorized | Environmental Trading, Oil more

Opec says climate effort won’t quench oil thirst

Posted on 09 November 2016

A global pact to battle global warming entered into force last week, but the latest long-term look into the energy market by the Opec oil cartel sees climate change measures failing to quench the world’s thirst for crude.
Each year Opec releases a report that looks at how the energy market will evolve in the coming two decades, and Tuesday’s report slashed estimates of coal and gas use due to efforts to limit climate change, but left oil unscathed…………………………………….Full Article: Source


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