Surveying the World’s Path From Fossil Fuels to Clean Energy
Energy executives warn that it will be a long and costly journey, while activists and analysts say there are significant rewards and little time to waste.
The nations of the Gulf know that the world’s shift to cleaner energy could change everything: Their economies today depend on demand for oil and gas, and their efforts to diversify could take a long time to pay off. But the speed and nature of the energy transition will have economic, political and, of course, environmental consequences. For the special Gulf issue of Bloomberg Markets, we asked energy executives, analysts and activists to map out what they see coming. Their responses have been edited for clarity and length.
How will the transition from fossil fuels change the world?