1y ago

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

www.cnbc.com

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

1y ago

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

www.cnbc.com /2024/03/18/saudi-aramco-ceo-says-energy-transition-is-failing-give-up-fantasy-of-phasing-out-oil.html

18 comments

Corporate racketeering mob boss says attempts to stop him from murdering have failed, and we should embrace his murderous future.
This makes me want to phase it out faster.
- and harder
  
  stronger
  
  better
Why are we listening to what this corporate clown has to say.
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/
If it was failing you'd let it fail. If you were worried that it wasn't you'd yell from the hills.
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.
Is he worried that there are no battery operated chainsaws ?
Just another quick thought, but if the leaders of Western nations were really truly serious about pollution, you would think they do more to address nations like Kuwait that bulldoze their trash into the sea or China That is a notorious poller.
- You gotta convince the defense contractors there’s money in the invasion for them. Unfortunately, U.S. defense contractor waste and inefficiently rivals most nations.
Imo I think electric cars are very suitable for mile to hot weather climates in big cities and their suburbs, but in my own experience, electric car fail in extremely cold weather And also also, it’s hard to find charging stations in rural areas. Ideally, we would get away from gasoline powered cars, but at this time with the current power grid in most countries, it doesn’t seem like a viable solution
- I’m one year in being an EV owner - in europe, not in a metropole but in belgium so there’s still some density of population.
  Relative cold had anecdotal impact. Maybe when going under -10 it’s becoming an issue but so far no impact.
  Charging infrastructure is getting there - still no rapid chargers in wallonia but I’ve learned that I don’t need them either. I’m able to live my life by charging once a week or so in my home charger. Admittedly I work from home 3 days a week and I use trains 2 days to get to work.
  For holidays we like going to France where they seem to have an abundance of fast chargers and it’s been a breeze beside an increased frequency of stops to charge for 15 minutes.
  So yeah it’s all anecdotal but in European settings it’s perfectly fine.
- if we put half as much energy into solving those problem that we do attempting to extend fossil fuels, those problems wouldnt exist.
  those are temporary issues that wont go anywhere until we are forced to solve for them.... by fazing out fossil fuels.

18 comments