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Transcripts For BBCNEWS Verified 20240703

helped ease overall price rises in many countries, but there are concerns that a jump in crude could once again stoke inflation. so, governments are seeking alternatives, while still trying to balance the short term need for oil. those alternatives could also help tackle climate change and keep global temperature rises to 1.5 degrees above pre industrial levels. just last week, the international energy agency renewed its assertion that no new gas and oil projects were needed if the world was to meet that goal. opec s secretary general told my colleague, sally bundock, that the group doesn t agree. we have always, at opec, talked about the concern we have for future under investments, as some have called for stopping investment in oil. we believe this is equally dangerous. this will lead to volatility in the future, possibly supply shortages. and therefore, we at opec have always advocated for the importance of continuing to invest in the oil industry, as we also invest in dec

Transcripts For BBCNEWS World 20240703

once again stoke inflation. governments are seeking alternatives, while still trying to balance the short term need for oil. the alternatives could also help tackle climate change and keep global temperature rises to 1.5% above pre industrial levels. just last week, the international energy agency renewed its assertion that no new gas and oil projects were needed if the world was to meet that goal. opec s secretary general told my colleague, sally bundock, that the group doesn t agree. we have always, at opec, talked about the concern we have for future under investments, as some have called for stopping investment in oil. we believe this is equally dangerous. this will lead to volatility in the future, possibly supply shortages. and therefore, we at opec have always advocated for the importance of continuing to invest in the oil industry, as we also invest in decarbonising the industry and move on to adding other forms of alternative energy, such as renewables. from our pers

Companies Are Snapping Up New Clean-Energy Tax Credits

A new government program is designed to funnel cash quickly to renewable-energy developers, potentially accelerating the transition from fossil fuels.

DOE opens several PDAs for direct applications

Decarbonization Service Market to Reflect Robust Expansion at CAGR of 12.3% by 2030 | Schneider Electric, ENGIE, Siemens