Fresh Report points to new energy superpowers post 2030

A report out this week from Rethink Energy makes it clearer and clearer that the oil industry is heading for disaster and the countries like Saudi Arabia – the powerhouses of existing oil based economies – are headed for collapse, while renewables leaders like Australia, Chile and Norway are headed for huge energy exports. Other oil economies like Mexico and Brazil may also suffer significant reverses.   The report entitled, “Russian war wakes sleeping renewables giants of post 2030 power,” is out this week and can be pre-ordered here, and is built around our 3rd annual report to track global electrification, a concept we call Annual Primary Electricity (APE).   The oil and gas exploration and production market has been…