Bank of America estimates point to a drop in the price of a barrel of oil in 2025 to $65 per barrel due to an excess of supply and a decrease in demand, marked by the advance of clean energy.
According to Francisco Blanch, head of global commodities research at BofA, “the supply of crude oil in…
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clean energy
The US will support Egypt to develop its solar energy
John Kerry, US special representative for climate, announced that his country plans to increase its economic support for the month of June to help Egypt harness solar energy and reduce its dependence on fossil fuels, an important source of…
New 1 billion dollars fund will produce clean energy
The $ 1 billion fund was created by the Rockefeller and IKEA foundations to finance clean energy projects and for this year they plan to cut 1 billion tons of greenhouse emissions, as well as provide 1 billion people with electricity from…