The IEA’s shocking call for no new oil and gas exploration on the path to net-zero emissions doesn’t necessarily follow that demand through to its logical end game. A line-up of countries would descend into chaos, creating global instability that would itself threaten the climate by hindering a natural energy transition. Lofty goals are, well, lofty. And more often than not, they are Western, for obvious reasons emanating from developed countries. Outside of North America, the East Asian powerhouses and Western Europe … Saudi Arabia and UAE would fare well. Both have the means and will to diversify away from oil and embrace clean energy. Saudi Crown Prince Muhammed bin Salman (MBS) has reinvented himself as a technocrat who is barely even interested in oil anymore, or conflict. He’s interested in his massive smart city, Neom, near the Red Sea: A hugely expensive and ambitious undertaking in new energy […]