Will #StrandedOil eventually become a requirement than a fear - a positive? What if energy firms start letting expensive and difficult oil strand and start diverting investment to renewable energy? Though these thoughts, widely under discussions currently, may become true for country neutral big multinationals having large pools of discovered oil and business alternatives for renewable. This will not be true for national oil companies in emerging nations where priorities of bearing the responsibility towards contributing to fast national progress are paramount. Here meeting immediate demands for energy required for accelerating uplifting of underdeveloped society will matter more. The demand for fossil-fuel may eventually fall somewhere in future while demand for energy keeps growing and renewable becomes more affordable and available...
No comments:
Post a Comment