Plunge in demand for oil could be a win for renewables

Mulan wind farm [CREDIT: Global Climate Budget 2018]Decreases in overall energy demand resulting from the global coronavirus pandemic will hit fossil fuels hard, while driving a shift toward renewable energy, according to a report issued last Thursday. The International Energy Agency (IEA) predicts that global energy demand will fall 6% in 2020—seven times the decline seen after the 2008...