Big oil companies increase the extraction of fossil fuels in the world

by time news

2024-02-05 16:55:01
EU car sales increased by almost 14% in 2023, with more than 10.5 million new registrations. Sales of battery electric vehicles skyrocketed 37% and now account for 15% of the market. According to the European Manufacturers Association ACEA, battery electric models are now the third most popular option among buyers, surpassing diesel in 2023. Despite these figures that anticipate an increasingly electrified future, large oil companies continue to rely on fossil fuels to perpetuate their function of obtaining and concentrating energy. This is reflected in a study carried out by the Institute of Environmental Science and Technology of the Autonomous University of Barcelona (ICTA-UAB), which shows that, far from betting on new alternative and sustainable energy sources, companies continue to expand their operations extractives. Related News standard No Artificial Intelligence verifies the condition of the roads J. Bacorelle The “autonomous road inspector” and is already used by several institutions to detect possible defects in streets and highways To do this, they deploy new technologies and search for political places in the world favorable to perpetuate oil and gas extraction. Click [AQUÍ] to access the full study. The research, recently published in the scientific journal Energy Research & Social Science, is based on the analysis of fifty socio-environmental conflicts caused by the extractive industry around the world documented in the Global Atlas of Environmental Justice (EJAtlas) of the ICTA-UAB . The study has been carried out in collaboration with ICTA-UAB researchers Joan Martinez-Alier, Roberto Cantoni and Grettel Navas. According to Llavero-Pasquina, the analysis of these socio-environmental conflicts makes it clear how Western states and private oil and gas giants benefit each other. The report reveals the important social and environmental cost of this industrial activity. “The incessant growth of the global economy and the inevitable dissipation of energy drive oil and gas companies to constantly expand their operations in the global peripheries to meet the demand of industrial economies,” comments Marcel Llavero-Pasquina, ICTA researcher. -UAB and first author of the study, who emphasizes that these companies continue to bet on oil and gas due to their high energy density and easy transportation and storage. The growing need for the extraction of fossil resources requires the continued expansion of extraction frontiers, and the exploitation of the environment and local and indigenous communities in non-industrialized areas. This gives rise to numerous conflicts in which local organizations fight for the preservation of their lives, livelihoods and culture, while companies defend their profits. “This is evident, for example, in cases of conflicts generated by the extraction of fossil fuels in the Global South, where indigenous peoples fight against these activities that are so harmful to their environment and way of life,” explains Llavero-Pasquina, who points out that oil companies thus become vectors of oppression that links societies that enjoy the benefits of energy with those that suffer the impacts of extraction. «It is observed how French diplomatic and military relations pave the way for oil extraction in the former French colonies. You could say that, through oil diplomacy,” he comments. The results show that “government environmental regulation alone will not force fossil fuel companies to change their business model, so a deeper political change is necessary that challenges the postcolonial and extractive nature of Western states.” modern to end the era of fossil fuels,” he concludes. According to the Anfac Manufacturers Association, sales of electrified vehicles (electric and plug-in hybrids, including passenger cars, quadricycles, commercial and industrial vehicles and buses) have started the year in Spain with a total of 8,560 new registrations, which represents an increase of 6.1% and 10.3% of total sales. Of these, 7,953 units have corresponded to passenger cars, which would add up to 11.6% of the market for the month, recovering the trend of recent months, after the strong growth, up to 15.2% market share, generated by the last month of 2023. Regarding registrations of alternative vehicles (electrified, hybrid and gas), they increased by 22.8% in the month, with 38,165 units sold and representing 45.89% of the market. MORE INFORMATION news No Madrid rebels against Low Emission Zones news No BYD Seal U: new 100% electric family SUV news No BMW Z4 Pure Impulse: The most purist open-top driving pleasure Looking to 2024 ACEA anticipates a growth of sales of 2.5%, reaching 10.7 million units. Around 20% of vehicles in Europe are expected to be battery electric, equivalent to more than two million units.
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