Coronavirus

Global Crisis and the Urgency of Phasing Out Oil and Gas Production

Considering long-term climate needs in near-term crisis responses

As the covid-19 crisis threatens a global recession and sharply cuts travel demand, compounding the damage caused by the oil price war between Saudi Arabia and Russia, US and international oil prices are hitting historic lows, driving turmoil throughout the industry and threatening a rash of bankruptcies, stranded projects, and job losses. These recent developments …

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