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Stock impact report

Should We Keep Investing in Oil and Gas? Experts Weigh In [Yahoo! Finance]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: Yahoo! Finance
Many fossil fuel companies have increased their oil and gas output in the wake of the Russian invasion of Ukraine and subsequent sanctions on Russian energy, to support government energy security efforts and fill the gap until there are sufficient green alternatives to meet the rising global energy demand. However, as governments worldwide pursue a green transition, scientists and environmentalists are stressing the need to cut fossil fuel funding to ensure that climate targets, such as those of the Paris Agreement, are met. In March, at the CERAWeek by S&P Global energy conference in Houston, the CEO of Saudi Arabia's state-owned oil company Aramco, Amin Nasser, emphasised the ongoing global dependence on fossil fuels . Nasser suggested that instead of pumping money into green energy, governments should support the expansion of fossil fuel operations worldwide, to ensure energy security in the face of the growing global energy demand. This opinion was shared by several other attend Show less Read more
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