The Harsh Reality of the Global Energy Transition ...Middle East

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The Harsh Reality of the Global Energy Transition
I recently presented at Las Vegas MoneyShow on the energy transition. I was later interviewed on the topic on the Financial Sense podcast (link). This article highlights the major points made in that presentation and subsequent interview. The concept of the “energy transition” emerged after the 1973 oil crisis and was widely popularized by President Jimmy Carter. It refers to the global shift from fossil fuels to renewable energy sources, aiming to reduce greenhouse gas emissions and combat climate change. This transition is driven…

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