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AUSTRALIA

Letter to the editor

BRIDGEPORT Energy CEO Chris Way has slammed Fitch Ratings for its breathless claim that electric vehicles would send Big Oil into a "death spiral", saying the agency grossly underestimated the use and future of hydrocarbons.

Fitch Ratings has no idea what annual oil production goes towards. It is not an easy figure to calculate on an annual basis without assessing all countries individual daily consumption taking into account...

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