OPEC Oil Surge Threatens EV Adoption
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports on OPEC+’s decision to boost oil production by 548,000 barrels a day starting in August. He highlights how this increase, covered by The New York Times, could lower oil prices — which historically leads to higher fossil fuel consumption and slows down electric vehicle adoption. McIntyre warns that without faster growth in renewables, such developments risk undoing progress on climate goals.
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