this post was submitted on 06 Feb 2024
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New research says battery adoption is far outstripping predictions and models. Growth is exponential and on an s-curve, and will half global oil demand. (rmi.org)
submitted 9 months ago by Lugh@futurology.today to c/futurology@futurology.today
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[–] SchizoDenji@lemm.ee 1 points 9 months ago

Iirc all these gulf economies which are reliant on oil are already massive investors in renewables too. They are also diversifying into tourism too with Saudi Arabia set to host 2034 WC and qatar hosting the latest one.