Economy
This could be Big Oil's last surge
8 days ago | By Business Insider
Arif Qazi / Insider
The era of Big Oil could end sooner than its massive profits suggest, analysts told Insider.
Fossil-fuel companies are under pressure to limit growth.
The pace of the clean-energy transition still isn't fast enough to keep the climate crisis in check.
President Joe Biden can't quit fossil fuels even though he knows he needs to. Biden, who's made fighting the climate crisis a priority, broke a key campaign promise this month by authorizing one of the largest-ever oil-drilling projects on federal land in an untouched area of Alaska known as North Slope. Biden's move...
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