Major Intergovernmental Organization Releases 10-Point Plan to Conserve Oil. The US Isn’t Doing Any of It.
The International Energy Agency, the West’s answer to OPEC, released a plan “in the face of the emerging global energy crisis.”
“If we’re looking at the climate change file, start planning towards a permanent scale-down,” said one expert.
All three suffered suffered gunshot wounds during chaotic scenes outside supermarkets, which have become a flashpoint for violence and looting sparked by desperation at the shortage of basic goods in the crisis-torn country.
Venezuela's Supreme Court on Wednesday banned the media from publishing videos of lynchings, saying they create "anxiety and uncertainty" in a country ravaged by violent crime and an economic crisis.
The presumptive GOP presidental candidate has called climate change "bullshit" and a plot hatched by the Chinese to cripple the US economy — and this week said he'd renegotiate the Paris climate deal.
The South American nation depends on hydropower for 60 percent of its electricity. The network has been hit by a severe drought, as well as the chronic lack of investment and maintenance of infrastructure within a major economic crisis.
For the first time since 2001, OPEC and non-OPEC nations have agreed to control global oil supplies amid a price slump that's hammering state budgets from Venezuela to Nigeria.
A new global alliance to revive oil markets would mark a fundamental shift in the global politics of oil, bringing Russia into unfamiliar alignment with the 13-member Organization of Petroleum Exporting Countries in a bid to support falling prices.