BEAMSTART Logo
Receive $25,000 in member benefits

State-run oil giants will make or break the energy transition

The Economist LogoThe Economist2 mo ago

State-run oil giants will make or break the energy transition - The Economist

Quick Summary:

But, he insists, “future-proofing our oil and gas operations has always been high on our agenda.” The uae is home to irena, an international agency devoted to renewable energy, and will host the annual un climate summit next year.

China’s cnooc now wants its carbon emissions to peak by 2028 and vows that non-fossil energy will make up over half of its domestic output by 2050, in line with President Xi Jinping’s pledge that Chinese emissions will peak before 2030.

Between 2005 and 2020 developing-world nocs also filed many fewer patent applications for green ideas than their international rivals, according to research by Amy Myers Jaffe and colleagues at the Climate Policy Lab at Tufts University.


More Pictures

State-run oil giants will make or break the energy transition - The Economist (Picture 1)

or

Article Details

Category: EconomyFinance

Topics: Energy Climate Global Nocs Emissions Companies International Other Saudi Firms Green

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-25, 20:14:05

News Timezone: GMT -5:00

News Source URL: economist.com

Language: English

Reading Time: 8 minutes read

Article Length: 1418 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 82115

View Article Analysis

About The Economist

The Economist Logo

Main Topics: EconomyFinance

Official Website: economist.com

Update Frequency: 2 posts per week

Year Established: 1843

Headquarters: United States

News Last Updated: 17h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #36

Publisher Details

BEAMSTART brings you the latest news, jobs, and events from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2022 BEAMSTART. All Rights Reserved.