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Lee Duna@lemmy.nz to Global News@lemmy.zipEnglish · 2 years ago

Saudi Aramco CEO says energy transition is failing, world should abandon 'fantasy' of phasing out oil

www.cnbc.com

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  • cross-posted to:
  • news@hexbear.net
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Saudi Aramco CEO says energy transition is failing, world should abandon 'fantasy' of phasing out oil

www.cnbc.com

Lee Duna@lemmy.nz to Global News@lemmy.zipEnglish · 2 years ago
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  • cross-posted to:
  • news@hexbear.net
The CEO said alternative energy sources have been unable to displace hydrocarbons at scale, despite the world investing more than $9.5 trillion.
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  • WhatAmLemmy@lemmy.world
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    2 years ago

    Corporate racketeering mob boss says attempts to stop him from murdering have failed, and we should embrace his murderous future.

    • OpenStars
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      2 years ago

      img

  • Sphks@lemmy.dbzer0.com
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    2 years ago

    This makes me want to phase it out faster.

    • Zachariah@lemmy.world
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      2 years ago

      and harder

      • Sphks@lemmy.dbzer0.com
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        2 years ago

        stronger

        • MelastSB@sh.itjust.works
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          2 years ago

          And … better?

      • humorlessrepost@lemmy.world
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        2 years ago

        better

  • Rachelhazideas@lemmy.world
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    2 years ago

    Why are we listening to what this corporate clown has to say.

  • turkishdelight@lemmy.ml
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    2 years ago

    Is that way Saudi Arabia is building giant solar plants?

    https://www.forbes.com/sites/kensilverstein/2022/06/02/worlds-biggest-solar-plant-to-decarbonize-aluminum-industry-in-saudi-arabia/

  • SteefLem@lemmy.world
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    2 years ago

  • ganksy@lemmy.world
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    2 years ago

    If it was failing you’d let it fail. If you were worried that it wasn’t you’d yell from the hills.

  • BrikoX@lemmy.zipM
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    2 years ago

    Saudi Arabia has one of the most aggressive targets for renewable energy. And they are actually investing and building the infrastructure instead of just talking about it. Just like with their other plans to diversify the economy, they know fossil fuels are unsustainable and that if they won’t be able to support their social welfare benefits, peaceful existence will end.

    It’s the same case as with Texas in US. They shout that renewable energy is bad to appease their fossil fuel donors, while they have the biggest capacity of renewable energy of the whole US.

  • MonsiuerPatEBrown@reddthat.comdeleted by creator
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    2 years ago

    Is he worried that there are no battery operated chainsaws ?

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