• Canada
  • USA
  • Fossil Fuels
  • About
  • Contact
  • Eco-Anxiety
  • Climate Glossary
No Result
View All Result
The Energy Mix
  • Cities & Communities
  • Electric Vehicles
  • Heat & Power
  • Community Climate Finance
Subscribe
The Energy Mix
  • Cities & Communities
  • Electric Vehicles
  • Heat & Power
  • Community Climate Finance
Subscribe
The Energy Mix
No Result
View All Result

Dueling Headlines Tell Mixed Story on Saudi Arabia’s Energy Plans

May 28, 2015
Reading time: 2 minutes
Primary Author: Mitchell Beer @mitchellbeer

Jon Rawlinson/Flickr

Jon Rawlinson/Flickr

“Saudi oil minister: ‘Fossil fuels doomed, we’re switching to solar,’” read the headline in the Melbourne Herald Sun.

“Saudi Oil Minister Says World Can’t Abandon Fossil Fuels,” replied the Wall Street Journal.

The strange thing was that both publications were covering the same panel presentation last week by Saudi Arabia Oil Minister Ali al-Naimi.

In a Reuters report, the Herald Sun had al-Naimi envisioning an end to fossil fuels around 2040 or 2050. “We recognize that eventually, one of these days, we are not going to need fossil fuels,” he said, “so we have embarked on a program to develop solar energy…hopefully, one of these days, instead of exporting fossil fuels, we will be exporting gigawatts, electric ones. Does that sound good?”

Not so good, apparently, to the WSJ, which led with: “Saudi Arabian Oil Minister Ali al-Naimi said on Thursday that he sees a great future for solar power but that the world can’t abandon fossil fuels in the short term.”

Keith Stewart, climate and energy campaigner with Greenpeace Canada, saw the duelling headlines as a matter of time frames.

“It’s the difference between watching a bunch of kids playing soccer and Wayne Gretzky playing hockey,” he told The Energy Mix. “The WSJ is right now. Reuters is where the puck will be in 2040.”

Stewart said the Wall Street Journal report reflected the “collective action problem” with unburnable carbon, where fossil fuel companies react to impending carbon constraints by seizing the opportunity to develop their resources while they can.

“If you’re an investor interested in the next quarter, that’s probably good enough,” he said. “If you’re a government or corporate planner thinking about what’s best in the long run, irrespective of any concern about climate change, you should be looking at how you’re going to get out of the fossil fuel business and into the renewable energy business.”



in Community Climate Finance, Fossil Fuels, Media, Messaging, & Public Opinion, Middle East, Oil & Gas, Regions, Renewables, Solar

Trending Stories

Ian Muttoo/flickr
United States

Ontario Slaps 25% Surcharge on Power Exports as U.S. Commerce Secretary Vows More Tariffs

March 12, 2025
319
Doug Kerr/flickr
Power Grids

New NB-NS Transmission Line Would ‘Take Care of Home’ Through Trump’s Trade War

March 7, 2025
285
LoggaWiggler / Pixabay
Energy Politics

Tariffs Likely to Crater Canadian Crude Exports to U.S., Marathon Tells Investors

March 11, 2025
245

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Get the climate news you need, delivered direct to your inbox. Sign up for our free e-digest.

Subscribe Today

View our latest digests

Quicker, Smaller, Better: A Fork in the Road That Delivers a Clean Energy Future

by Mitchell Beer
March 9, 2025

…

Follow Us

Copyright 2025 © Energy Mix Productions Inc. All rights reserved.

  • About
  • Contact
  • Privacy Policy and Copyright
  • Cookie Policy

Proudly partnering with…

scf_logo
Climate-and-Capital

No Result
View All Result
  • Cities & Communities
  • Electric Vehicles
  • Heat & Power
  • Community Climate Finance

Copyright 2025 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}
No Result
View All Result
  • Cities & Communities
  • Electric Vehicles
  • Heat & Power
  • Community Climate Finance

Copyright 2025 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.