Don’t write off oil just yet

Don’t write off oil just yet

Don’t write off oil just yet — — -Steven Mann sees oil remaining a leading fuel in the global energy mix until 2050. Countries have still not figured out how to manage the social cost of the transition.

Washington (Brussels Morning) Steven Mann sees oil retaining a prominent position in the global energy mix at least until 2050. The transition, in his view, will require an effective carbon tax but the broader question of how society will manage the cost of the transition does not have a convincing answer.

American

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