The oil industry fears green governments
It will take decades to phase out fossil fuels, but an increasing number of countries are spurring that development, leading oil companies to think shortsightedly while investors get nervous. The powerful upward pressure under energy prices is already decreasing the tempo of the global economy.
![Photo: Rosneft](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article6567415.ece/ALTERNATES/schema-16_9/bob%2520dudley%2520bp.jpg)
BY KELD LOUIE PEDERSEN, FINANS
LONDON
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