No pun intended. Big Oil has hit a number of setbacks recently, but there’s still huge demand for fossil fuels. Jason Bordoff, director of the Center on Global Energy Policy at Columbia University, gives us a more holistic view of the fight against climate change and fossil fuels’ role in it. Because even as electric cars and solar batteries become more accessible, massive industries like steel and cement still run through a lot of oil. So, too, will emerging economies in Africa and Southeast Asia.

Here’s everything we talked about today:

• Read more of Bordoff’s work here
• “Scrap the sale of gasoline cars and stop investing in fossil fuels to meet net-zero targets, IEA says” from CNBC
• “Big Setbacks Propel Oil Giants Toward a ‘Tipping Point’” from The New York Times
• “Oil Price Hits Pandemic High as Investors Bet on Green Energy” from The Wall Street Journal
• “LA County urges indoor mask wearing as Delta variant spreads” from the Los Angeles Times
• “Inside the risky bat-virus engineering that links America to Wuhan” from MIT Technology Review

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