A fossil fuel demand peak is fast approaching, but will it come soon enough?

A new report from McKinsey predicts global fossil fuel demand 'will never return to its pre-pandemic growth curve', but warns the world is still on track to badly miss its climate goals
The impact of the coronavirus crisis on the fossil fuel industry is set to bring forward the expected peak in global demand for oil and gas, according to fresh projections from McKinsey & Company, which...
More news
'Important milestone': StoreDot touts EV batteries able to fully charge in five minutes
Israeli start-up reveals firm is on 'cusp of achieving a revolution in the EV charging experience' with its fast-charging battery cells
French central bank vows to cull coal and cap oil and gas investment by 2024
Banque de France to axe investment in firms generating more than half of their revenue from gas, 10 per cent from oil, and any revenue from coal by 2024
Winds of change drove series of energy records in Europe throughout 2020
Wind farms delivered their highest ever contribution to Europe's power mix as conventional coal and gas energy fell to a record low in Britain, according to new analysis from EnnAppSys
Nuveen agrees to acquire specialist renewables investor Glennmont Partners
Trillion-dollar US fund manager to purchase UK clean infrastructure investor in bid to tap 'one of the most dynamic and fastest growing infrastructure sectors'