Undercover filming highlights Saudi plan to artificially raise oil demand
www.channel4.com
An undercover sting operation has highlighted a Saudi Arabian government plan to artificially raise global oil demand, Channel 4 News can reveal in an investigation released just days before climate crisis talks begin in the UAE.
  • V8-Turbo-HybridBEnglish
    1·
    9 months ago

    “EVs are being favoured in terms of subsidies and regulatory advantage especially in regions like Africa so what we are working on is to increase internal combustion engine adoptions.”

    I doubt Chinese automakers would like to see this happen, as China and their companies invest Africa so much, most Africa countries have good relationship with China.

    If Saudi Arabia does that, China might’t happy for that because it would affect Chinese EV sales and profits.

    Don’t forget that China investing some number in Saudi Arabia in recent. If Saudi wants to work with China, they should rethink about it.

  • DoppelkupplungsBEnglish
    1·
    9 months ago

    doesn’t the saudis have a stake in lucid or sm? MBS be like I play both sides so that I always come out on top