The prediction, which has stirred controversy among oil producers, is a sign of a sweeping transformation in the global energy landscape.

cross-posted from: https://slrpnk.net/post/3361782

I’ll note that several oil majors have made big bets in the past few weeks to the effect that oil and gas consumption will continue to rise for decades to come. If we succeed in maintaining a civilization-supporting planet, people who have not divested from fossil fuels industry will lose a lot of money.