IEA & Oilprice.com See Peak Oil Happening This Decade
cleantechnica.com
Back in 2019 — before the Covid pandemic hit — the International Energy Agency (IEA) said it had peered into the future and could see no sign of “peak oil” happening any time soon. There was simply no end to the demand for oil and other fossil fuels in sight. A lot has happened since […]

IEA Executive Director Fatih Birol said in June, “The shift to a clean energy economy is picking up pace. […] Oil producers need to pay careful attention to the gathering pace of change and calibrate their investment decisions to ensure an orderly transition.”

Two words: “stranded assets”.