Climate action vital to global security
COP28 must shift the world into higher gear. The EU is committed to pushing for the phase-out of unabated fossil fuels and all fossil-fuel subsidies
COP28 must shift the world into higher gear. The EU is committed to pushing for the phase-out of unabated fossil fuels and all fossil-fuel subsidies
In previous energy downturns, prices frequently experienced serious slumps, but oil and gas companies mostly kept faith in their biggest asset: Oil and gas reserves buried deep in the ground. But things are markedly different this time around.