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The Economic Times

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How to make drilling for oil woke again

A decade after backing all-of-the-above energy, the political left swung hard against fossil fuels, framing oil drilling as incompatible with climate goals. But geopolitical shocks, energy inflation and stubborn global demand are forcing a rethink. From Canada to parts of Europe, center-left governments are shifting toward a more pragmatic stance: continue producing oil and gas, but with lower emissions and tighter standards. The emerging consensus isnt no drilling -- its drill cleaner, as policymakers balance climate ambitions with economic and energy realities.

15 Apr 2026 10:41 am