Investment in oil and gas production will be needed for the next three decades if the world is to avoid more shortages and price swings, BP has warned.
The oil giant said in its annual energy outlook published on Monday that fossil fuels are still likely to account for about 20pc of primary energy in 2050 even under a significant tightening of climate policies.
Well, there’s an expert view.
Greta Thunberg told world leaders at Davos earlier this month that new extraction should be stopped immediately, while UN chief António Guterres said last June: “New funding for fossil fuels is delusional.”
And there are two non-expert views.
Toughie, who do we believe then?