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What countries will fight over when green energy dominates

What countries will fight over when green energy dominates
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What Countries Will Fight Over When Green Energy Dominates

What Countries Will Fight Over When Green Energy Dominates
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A LOOK FORWARD: What Countries Will Fight Over When Green Energy Dominates

A LOOK FORWARD: What Countries Will Fight Over When Green Energy Dominates March 16, 2021 EnergyNow Media By Marc Champion Mar 15, 2021 (Bloomberg) The Rand Corporation’s been designing war games with the Pentagon since the 1950s, modelling such hard-nosed security scenarios as a two-front U.S. war with China and Russia. Now the think tank is turning its realpolitik tool kit to a question more often associated with environmental dreamers: How will clean energy change the world?Rand is among the small but growing number of research organizations, universities and at least one European government that have started gaming out the gritty geopolitical implications of a globe dominated by green energy. It’s the latest sign that the once quaint idea of renewable energy displacing fossil fuels has gone mainstream.Last year was a turning point. China, the world’s biggest polluter, finally joined the cascade of nations and companies setting target d

Business as Usual With Saudi Arabia Is Good for Business

Business as Usual With Saudi Arabia Is Good for Business Biden missed an opportunity to hold MBS truly accountable. Consultants linked to Bidenworld have advised Saudi Arabia about MBS’s most ostentatious vanity project. It’s only taken six weeks for major conflicts of interest to arise for President Biden. Days after Secretary of State Tony Blinken let the Saudi crown prince off the hook for butchering a journalist, Blinken’s former colleagues in the private sector have reaped millions of dollars in contracts from Mohammed bin Salman. The timing is bad for accountability, but good for business. On Friday, the Biden administration released a two-page unclassified intelligence report summarizing MBS’s culpability in the killing, dismemberment, and disappearance of journalist Jamal Khashoggi in October 2018. By releasing the report, Biden broke with Trump’s unmitigated deference for the Saudi royal who is likely to succeed his elderly father King Salman.

Oil price rises put Opec under pressure

Oil price rises put Opec under pressure Oil-producing nations meet this week to decide whether to turn on the taps to increase supply 3 March 2021 • 6:00am Saudi Arabia’s Prince Abdulaziz bin Salman and Russia’s deputy prime minister Alexander Novak will meet on Thursday via video-link to take decisions that will determine oil prices for months to come.  They and other Opec officials at the meeting will be under pressure from members to lift production cuts that have sustained oil prices in recent months, as optimism about vaccines and government stimulus packages stoke hopes of rising demand. Oil prices are back on the rise. After briefly slipping negative in April 2020 as the pandemic triggered a major supply glut, West Texas Intermediate is now at $60, while Brent Crude, the international benchmark, is at $63. 

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