
Can oil bosses be blamed for pointing out real world facts and calling for a ‘transition strategy reset’? At present, wind and solar energy contribute just three percent of the global energy supply, and developing countries can’t afford, and/or don’t want, to have to rely on renewables for power as demanded by climate obsessives with big ‘carbon footprints’.
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Despite feigning interest, Big Oil still appears to oppose the global green transition and could well stand in its way, says OilPrice.com.
As Saudi’s state oil company leader condemns the green transition and calls for long-term oil production, other major industry players are voicing their scepticism around renewable energy and clean tech.
Despite large investments into green energy and carbon-cutting projects from several oil and gas majors, Big Oil still appears to be heavily favouring fossil fuel production.




















