In the News

Is the global fossil fuel industry on the brink of collapse?

4th June 2020

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The Guardian carries a story that suggests that the market for fossil fuels could collapse, based on a report by financial think-tank Carbon Tracker.

The author of the report, Kingsmill Bond, the only secret agent named after a loaf of bread, suggests that there's going to be a 2% fall in demand for these fuels, year-on-year, and eventually the demise of the sector.

Value of #FossilFuel reserves could fall by two-thirds as #Covid19 hastens peak

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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Is the global fossil fuel industry on the brink of collapse?

Graham Watson

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