Aramco CEO: Developing Asia cannot afford clean energy, region should invest in 'improving' oil and gas

Published on October 22, 2024

The CEO of the world's biggest oil company said the energy transition is "way off the pace" and necessary investment in renewables infrastructure could cost emerging economies half their GDP every year.

Continue reading on website
Other news

‘You can’t grow forever on a finite planet’

October 22, 2024
The world must shift away from growth models driving ecosystems to the brink, says biodiversity expert and IPBES chair David Obura.

2023 saw the slowest decrease in decarbonisation in over a decade: PwC

October 22, 2024
Despite a 14 per cent increase in renewable energy capacity last year, progress on lowering emissions was is hindered by increased fossil fuel consumption.