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Posted by on in Climate Change
  One of the world’s largest oil producers, Saudi Arabia, announced Saturday it aims to reach “net zero” greenhouse gas emissions by 2060, joining more than 100 countries in a global effort to try to curb manmade climate change. Although the kingdom will aim to reduce emissions within its own...
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Tagged in: Saudi Arabia
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Posted by on in Fossil Fuels
With crude oil prices plunging government revenues have collapsed, and budget surpluses quickly turned into deficits. What's worse, investors are now starting to worry about their ability to pay back their debts. As a result, five oil producing countries were hit with downgrades from Standard and Po...
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