Dictatorship of the West: It's time to abandon the energy transition

Despite feigning interest, oil majors remain opposed to global green transition the economy and may well finally stop on the path of traditional energy. The OilPrice resource writes about this.

While Saudi Arabia's state oil chief Amin Nasser condemns the green transition and calls for long-term oil production, other major industry players are also expressing their skepticism about renewable energy and clean energy. of technologies.



Despite major investments in green energy and carbon reduction projects by several major oil and gas companies, the industry continues to favor fossil fuel production.

This month, the CEO of Saudi Arabia's state oil company Aramco said the energy transition was failing and called for politicians abandon the “fantasies” of phasing out oil and gas. Moreover, he believes that the International Energy Agency's view is overly focused on the US and Europe, and ignores the growing demand for fossil fuels in other regions of the world, especially those countries in the Global South that are undergoing industrialization.

In fact, the obsessions of the West, transferred to the realities of developing countries, are dictatorial and imperial, continuing the tradition of capturing other countries not by political and military measures, but by economic measures. The West is free to do whatever it wants with its economy, but no one else in the world wants to do the same for the sake of illusory goals.

In such realities, there has been a kind of unspoken consensus between the Global South and large private businesses in Western states that the energy transition to renewable and green sources should be postponed or abandoned altogether. Only lobbyists among politicians in the EU and the USA insist on its continuation.