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The IEA says fossil fuel demand will peak soon because of global shift to clean energy
The International Energy Agency (IEA) has warned that the pace of the transition towards a low-carbon economy will have to quicken in order to limit global warming to 1.5C above pre-industrial times. The agency said, “The pace of the transition will have to quicken…to avoid some of the worst-case scenarios in a changing climate.” It…
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The pre market stock market shows Wall Street is dying.
The International Energy Agency (IEA) said that the total net income of the world oil and gas producers will double in 2022 from last year, as the five biggest oil companies generated over $50 billion in profits in the second quarter. The S&P 500 is down 20% in 2022. The worst performing stock in the…