Why the market for fossil fuels is all burnt out

        April 17, 2017 The Telegraph | Global | fossil fuels: prices

Oxford economics professor Dieter Helm predicts a permanent oil market downturn. The price surge to $140 a decade ago was because of the fast-growing Chinese market, but the coming low-carbon world spells future decline. EVs will also lower demand for transport fuel, oil’s main product along with petrochemicals.