Oil crisis: Has Biden missed an opportunity to go green?

Industry
Published by
Al-Araby

As oil prices spike around the world in response to the war in Ukraine, many see this as the right moment to push countries towards energy independence to shelter themselves from the highs and lows of the international market. Oil companies and crude exporters, however, see this as an opportunity to make up for lost profit from two years of the pandemic. Will world leaders rise to the occasion to make good on their promises to transition to an independent, renewable and sustainable energy plan? Or will they fall back on their habits of relying on traditional exporters? “Globally when the pande…

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