Big oil company ExxonMobil is betting on oil, again:
- ExxonMobil delivered its annual long term energy forecast Tuesday, saying that it expects the world will use 60% more energy in 2030 than in did in 2000.
- But despite this spike in demand, the oil giant does not expect to see any increase in the use of renewable energy sources from 2006 levels.
Is it a big trap, the investments in renewable energy? Or is it, like a fashion?
We believe in a much more non-oil dependent economy. We will see it.
1 comment:
I believe too. But I know thta oil companies and countries will decrease its price to the level of competitive alternative prices when they become viable.
Post a Comment