Quote:
Originally Posted by Martinjlm
At an energy conference in Texas today there was a guy who said… - Industry needs clear policies to guide long-term investment decisions to support decarbonization and development of alternative fuels and propulsion..
- He said that the Inflation Reduction Act is a good example of the type of regulation that is needed to make the energy transition as smooth as possible.
- He said that it is “the type of regulation that will accelerate breakthrough technology to unlock battery storage, bring down the cost of carbon capture, and develop and commercialize hydrogen”
So this guy is clearly bought in on the idea of needing to control climate change.
Now, the punchline…
He’s the Managing Director of Abu Dhabi National Oil Co. and the United Arab Emirates Minister of Industry and Advanced Technology. Speaking at an oil conference. |
This only happened because of the bullying activist pressures applied to the ruler. Without parroting the ad-nauseum talking points of the woke-brat climate extortion movement including John Kerry, he would have to endure their non-stop brow-beating. Now he has bought some time to keep the woke elite mob at bay.
He has conveniently given them a propaganda win by the appearance of some half-baked statements that Kerry and others will milk for all it's worth.
Hardly a cathartic change of heart, more of a reluctant p.r. move by the Minister to avoid bad publicity for a few years. The context of his statement reveals a lot.
https://www.reuters.com/business/ene...es-2023-03-06/