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By Marcelo Rochabrun NUEVO ANDOAS, Peru (Reuters) - Peru's government wants to ramp up oil production in some of its dormant Amazonian fields as globa.
The possibility of transitioning to a greener energy future varies among economies that are fossil fuel-dependent , which represent nearly one-third of the world s population and one-fifth of global greenhouse gas emissions. For some, the question is purely financial; for others, political factors are slowing the shift.
Like many Ugandans, I truly believe that this new oil deal, backed by the Final Investment Decision (FID) recently signed between Uganda and the joint venture partners, will be a game-changer