This piece by @JasonBordoff @ColumbiaUEnergy is so fascinating and counter-intuitive.

Petrostates might emerge as winners of #ClimateAction https://abs.twimg.com/hashflags... draggable="false" alt="">, 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/">https://foreignpolicy.com/2020/10/0...

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">https://www.economist.com/briefing/...

Check out this thread by @TimMLatimer which unpacks a lot of the article& #39;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">https://twitter.com/TimMLatim...