IvanKaramazov [comrade/them, any] to

news • 6 months ago

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

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

IvanKaramazov [comrade/them, any] to

news • 6 months ago

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

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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infuziSporg [e/em/eir]
·
6 months ago

despite the world investing more than $9.5 trillion

The US spends that much on fossil fuels and adjacent industries every 2 years.

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