Image:
If renewables and EV infrastructure scale up they will 'crush' oil demand, the report asserts
Renewables and EVs on course to replace 40 per cent of demand for oil in next 25 years, according to new BNP Paribas analysis
Oil companies are engaged in a "race against time" to guard against a huge 40 per cent chunk of their business disappearing over the next 25 years, as declining renewables costs and rising demand for electric...
To continue reading this article...
Join BusinessGreen
- Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
- Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
- Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
- Tap into our extensive archive of exclusive articles, news, analysis and guides
- Receive full access to businessgreen.com, indispensable information for business professionals
Choose from our 3 paid membership levels
