South Asian Insider
Will the coronavirus kill the oil industry and help save the climate?
The plunging demand for oil wrought by the coronavirus pandemic combined with a savage price war has left the fossil fuel industry broken and in survival mode, according to analysts. It faces the gravest challenge in its 100-year history, they say, one that will permanently alter the industry. With some calling the scene a “hellscape”, the least lurid description is “unprecedented”. A key question is whether this will permanently alter the course of the climate crisis. Many experts think it might well do so, pulling forward the date at which demand for oil and gas peaks, never to recover, and allowing the atmosphere to gradually heal. The boldest say peak fossil fuel demand may have been dragged into the here and now, and that 2019 will go down in history as the peak year for carbon emissions. But some take an opposing view: the fossil fuel industry will bounce back as it always has, and bargain basement oil prices will slow the much-needed transition to green energy.
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No one wants to work anymore
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As Sanjeev Gupta Rose From Trader to Tycoon, Several Banks Backed Away
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Brandon Scott Hole, 19, and a former employee at the facility in Indianapolis carried out the mass shooting on late Thursday before allegedly killing ...
US 'very closely' tracking course of Covid-19 outbreak in India
(Insider Bureau)-The United States is tracking the course of the COVID-19 outbreak in India "very closely", the State Department has said. The Center...
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