For decades, evidence has been piling up which proves mankind’s influence on climate change. Although the global economy remains largely driven by fossil fuels, the energy transition has gained traction in recent years. The changing tide can also be seen in countries that are heavily invested and dependent on the fossil fuel industry. This includes the hydrocarbon-rich Arab states of the Middle East that are gradually taking into account a carbon-free future. These states seem to realize that they won’t be able to depend on their oil and natural gas industry indefinitely. Therefore, they’re preparing to make maximum use of their energy assets. The question is, is it too little too late or just in time? A changing tide Although it has always been a certainty that at some point the world would need to wean itself of its fossil fuel addiction, the timescale was always a point of […]