In the FT, US energy editor Derek Brower examines why President Joe Biden has approved Willow Oil and generally shown greater support for fossil fuel companies despite opposition from young people and activists. He writes: \u201cRussia\u2019s invasion of Ukraine is one reason for this turnaround. It was a gift to the oil industry, pushing up prices and delivering record profits to producers\u2026 The Russian invasion has also changed the narrative. \u2018Net zero\u2019 is still the buzzword on Davos stages, but after last year\u2019s energy crisis, politicians are more concerned with \u2018energy security\u2019, meaning cheap fuel and stable supplies.\u201d He adds that \u201canother reason fossil fuel producers are regaining their strength is that the transition to new energy sources is proving more difficult than some strategists had expected.\u201d<\/p>\n
Derek Brower, Financial Times, Carbon Brief<\/em><\/p>","protected":false},"excerpt":{"rendered":" In the FT, US energy editor Derek Brower examines why President Joe Biden has approved the Willow Oil project and generally shown greater support for fossil fuel companies despite opposition from young people and activists. He writes: \u201eThe Russian invasion of Ukraine is one reason for this reversal. It was a gift to the oil industry, driving up prices and [\u2026]<\/p>","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1822","post","type-post","status-publish","format-standard","hentry","category-znizovanie_co2_cdr_ccs_ccu_dac"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/1822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/comments?post=1822"}],"version-history":[{"count":0,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/1822\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/media?parent=1822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/categories?post=1822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/tags?post=1822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}