Report: Drop in oil demand could shut down quarter of refining capacity by 2035

Michael Holder
clock • 3 min read

Huge proportion of global oil processing capacity could become unviable within 20 years due to climate regulations and clean tech advances, Carbon Tracker analysis warns

A quarter of global oil refining capacity could become unviable and be forced to shut down within 20 years due to falling demand as decarbonisation policies are strengthened and clean technology advances,...

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Michael Holder
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