Saturn Oil & Gas - successful oil producer in Canada

Is the world on the brink of a total transformation of all forms of energy generation to date? According to the statements made by the participants at the UN Climate Summit in Glasgow, Europe is currently of the opinion that CO2-generating fossil energy production will be significantly reduced in the near future. OPEC takes a completely different view, seeing the share of oil in the energy mix declining only marginally by 2045. And to top it all off, China is even building 200 new coal-fired power plants, thus pushing the EU's climate policy goals into the realm of fairy tales from Glasgow. If you take a closer look, you will notice: Without Asia and the USA, there is no relief for the climate and this probably means an extension of the grandfathering for the 'black gold'. We take a closer look at the facts at hand.

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