OPEC Challenges Climate Goals, Forecasts Continued Oil Dominance

The Organization of Petroleum Exporting Countries (OPEC) has labeled the idea of phasing out fossil fuels as a “fantasy.” In its annual report on global oil demand, OPEC forecasts continued growth in crude oil consumption until 2050. This projection contradicts the symbolic deadline for combating climate change set by many experts and policymakers. OPEC expects […]