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Enrique Dans for dummies

The age of oil is ending: are you ready?

10 Oct 2024

Description

The article argues that the age of oil is ending, with clean energy technologies like solar panels rapidly taking over. While oil companies have long denied the damage they have caused to the environment, the reality of climate change is increasingly apparent. The author highlights the rapid growth of Chinese companies in the solar energy sector, emphasizing their role in driving down costs and making renewable energy a more viable alternative. The shift towards renewable energy is seen as a significant geopolitical event, potentially impacting economic competitiveness and the balance of power. The article concludes by emphasizing that the transition to a cleaner energy future is inevitable, and those who fail to adapt will be left behind. Original article is available in English on my Medium page, «The age of oil is ending: are you ready for the transition to clean energy?»

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