One of the recent topics of discussion in the business world is the concept of peak oil, arguing that the maximum demand of oil has already passed due to COVID. While some of the reports suggest that peak oil will happen maybe in 10-20 years, per consulting groups such as McKinsey (arguing for 2035), we can expect to see a rebounding of oil demand soon.

This is not ideal at all for our climate prospects.

https://www.bloomberg.com/graphics/2...denly-upon-us/