Analyst Sees Oil and Gas Running Short of Cash as IEA Releases Energy Investment Update

By [Energy Central] Mitchell Beer Despite continuing growth in fossil fuel spending and record investment in coal, clean energy sources are becoming ever more dominant in a world that is expected to spend US$2.8 trillion on all forms of energy this year, the International Energy Agency (IEA) reported last week. The shift in financing still isn’t fast enough or deep enough to hit a net-zero emissions target by..

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