Oil and natural gas investments are on the rise despite the global push toward renewable energy. The global transition to green energy will need the help of fossil fuels to meet soaring energy demand. “We need fossil energy as part of this transition. This is a long transition. This is not overnight.” Both the European Union and the United States are firmly on the path to a net-zero economy. This much has been made clear by officials from both sides of the Atlantic despite the EU’s hunt for more gas and the Biden administration’s calls for more oil production. Yet before net-zero is achieved—if it is ever achieved—both the EU and the US will need more fossil fuels, including coal. And this means that despite calls for more renewables from […]