The US majors have been doing a much better job of forecasting where oil demand is heading.
- Reader in Comparative Politics, Queen's University Belfast
Divestment doesn’t affect global demand for oil, it just transfers power to state-run oil companies – which have higher carbon footprints. But there are other things we can do.
After the terrorist attacks of 9/11, the US made a point of diversifying its sources of oil to reduce dependence on the Middle East. It was a strategic move which promised a huge boost to West African…
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