Tag Archives: fossil

The Energy Revolution: Are the Fossil Giants Going Kodak’s Way?

The energy sector is seeing a revolution as fossil fuel giants like Shell and ExxonMobil face potential obsolescence, much like Kodak did in the past. The financial success of these companies today does not guarantee their long-term survival. At the same time, new players are emerging and the industry is becoming more distributed. This transformation… Read More »

UN climate chief calls phasing out fossil fuels key to curbing warming, but may not be on talks agenda

The world needs to phase out fossil fuels if it is to curb global warmingthe UN climate chief said in an interview with the Associated Press. But he said the idea may not enter the agenda of decisive international climate negotiations this fall, stumbled upon an oil haven. A phase-out of heat-trapping fossil fuels is… Read More »