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Israel prepares to invade Gaza
FT News Briefing
US Super Majors' Reluctance towards Renewables and Exxon's Contrasting View on Future Oil Demand
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This chapter explores the hesitation of US super majors, specifically Exxon, to invest in renewable energy despite the predicted decline in fossil fuel demand. It discusses Exxon's $60 billion investment in oil production, highlighting their confidence in the long-term demand for oil.
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highlights
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