Oil producers have always been an easy target at the United Nations¡¯ annual climate summits. This year, with Russia¡¯s war in Ukraine boosting demand for fossil fuels, they¡¯re preparing to fight back.
As Western economies desperately seek alternatives to Russian President Vladimir Putin¡¯s exports, many are working to increase supplies of energy ¡ª whether it¡¯s clean or not.
U.S. President Joe Biden has ordered an unprecedented release of emergency crude, while Poland has signaled it wants to use coal past the European Union¡¯s 2050 date to reach net-zero emissions. U.K. Prime Minister Boris Johnson traveled to Saudi Arabia to ask for an increase in oil production.
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