10/22/2018
Oil and gas industry predicting their own decline. Just not fast enough, however.
"The transition is inevitable and powerful. But WoodMac’s projections are still far behind the emissions scenarios that scientists say are necessary to mitigate the worst effects of climate change. In a report released by the U.N. this month, authors claimed the world needs to get 70 to 85 percent of its electricity from renewables by mid-century to limit warming to 1.5°C."
Oil and gas analysts predict the decline of their industry.