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Reuters: Emerging oil nations reject climate curbs on exploration, pursue rapid development, page-2

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20/08/21

18:02

Post #: 55454270
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Originally posted by contrabunta ↑

"HOUSTON, Aug 19 (Reuters) - The world's newest oil-producing nations grabbed the spotlight at this week's Offshore Technology Conference with ambitious plans to tap oil and gas discoveries in a race against a global energy transition to lower-carbon fuels.

At the conference highlighting renewable and cleaner-burning fuels and investors moving bets away from fossil fuels, Brazil, Ghana, Guyana, and Suriname laid out agendas to pump massive oil and gas discoveries that could reshape their economies - if they can get them to market before values erode.

The contrast between their goals and governments moving to impose net-zero carbon emissions rules by 2050 was clear in the first large U.S. oil technology conference and exhibit since the pandemic.
..
OIL KEY TO FUTURE
`We have millions of people without electricity in Africa,' said Ghana Energy Minister Matthew Opoku Prempeh ..."

https://www.reuters.com/business/su...loration-pursue-rapid-development-2021-08-19/

Ruh-Roh..

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