Oil Price Drop Threatens Industries That Help Cut Global Warming

  • International Energy Agency sees threat to clean energy
  • Oil at $50 would wipe out $800 billion of efficiency measures

How Low Oil Prices Impact Climate Change Industries

The plunge in oil prices risks undermining efforts to reduce the pollution blamed for global warming, especially projects designed to wring more from each barrel of oil, the International Energy Agency concluded in its annual assessment of markets.

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