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

www.cnbc.com

cross-posted to:
globalnews@lemmy.zip

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

www.cnbc.com

IvanKaramazov [comrade/them, any]@hexbear.net to

news@hexbear.netEnglish · 2 years ago

cross-posted to:
globalnews@lemmy.zip

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

www.cnbc.com

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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