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France 24

Business

Camille KNIGHT

IEA says 'moment of truth' for oil industry ahead of COP28 climate conference

Oil Elon Musk Tesla Inc. the International Energy Agency Sweden

BUSINESS DAILY © FRANCE 24

The International Energy Agency has released a report saying that this is a "moment of truth" for the oil and gas industry, which needs to decide on what role it wants to play in the current climate emergency. Also, the German government is facing a budget crisis after the constitutional court ruled that it was unlawful to re-allocate unused debt. Plus, Elon Musk calls Tesla strikes in Sweden "insane".

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