This piece by @JasonBordoff @ColumbiaUEnergy is so fascinating and counter-intuitive.
Petrostates might emerge as winners of #ClimateAction
, because their vast reserves of CHEAP oil & gas mean they will sell it the longest.
1/3 #EnergyTwitter https://foreignpolicy.com/2020/10/05/climate-geopolitics-petrostates-russia-china/
Petrostates might emerge as winners of #ClimateAction

1/3 #EnergyTwitter https://foreignpolicy.com/2020/10/05/climate-geopolitics-petrostates-russia-china/
More twisted: "petrostates could temporarily profit from the energy transition even as higher prices speed the switch to clean energy"
and "today’s petrostates may be tomorrow’s electrostates" (nuclear, hydrogen, gas)
So long @TheEconomist
2/3 https://www.economist.com/briefing/2020/09/17/americas-domination-of-oil-and-gas-will-not-cow-china
and "today’s petrostates may be tomorrow’s electrostates" (nuclear, hydrogen, gas)
So long @TheEconomist
2/3 https://www.economist.com/briefing/2020/09/17/americas-domination-of-oil-and-gas-will-not-cow-china
Check out this thread by @TimMLatimer which unpacks a lot of the article's content with cool graphics
Did you know Big Oil majors only control 10% of reserves? State-owned companies have the rest. And the vast majority of cheap oil.
3/3 #EnergyTwitter https://twitter.com/TimMLatimer/status/1315719825164054528
Did you know Big Oil majors only control 10% of reserves? State-owned companies have the rest. And the vast majority of cheap oil.
3/3 #EnergyTwitter https://twitter.com/TimMLatimer/status/1315719825164054528