3 July 2024
Carbon concerns will depress oil prices, cap consumption – BP
Publication date: 16 October 2015
Gas Strategies Group
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ISSN: 0964-8496
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BP has become the first oil major to publicly admit that the 'carbon bubble' theory might have legs, after BP chief economist Spencer Dale warned that the world’s existing oil reserves are unlikely to be exhausted due to global efforts to reduce climate change.