this post was submitted on 06 Feb 2024
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Futurology
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There are vast vested interests in keeping the fossil fuel industry afloat. It supports entire countries like Russia and Saudi Arabia. Not to mention the stock portfolios and wealth it gives to many among the richest and most powerful elsewhere.
I expect anti-battery disinformation will increase as panic sets in from those with a lot to lose.
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.