The global economy is decarbonizing, requiring renewable energy to generate steam and make such things as aluminum, lithium, and copper.
  • Wanderer@lemm.eeEnglish
    102·
    6 months ago

    I assure you they have no issue with that.

    They could probably double their output if they wanted. But they don’t, they want high prices not more oil.

    • من البحر إلى النهر@lemmy.worldOPEnglish
      1·
      6 months ago

      Saudi Arabia has a policy to reduce oil consumption locally. The government subsidizes power to the people, so if solar/wind is cheaper they will be adopted as it will save the government money.