How climate change concerns could affect Saudi Aramco’s IPO – Axios
It’s tough to think about long-term investments in Saudi Aramco, the world’s biggest oil producer, without climate change entering the equation.
The state of play: A huge number of brain cells are devoted to gaming out when global oil demand may peak and what future climate policies mean for the sector. Some forecasters, like the International Energy Agency, don’t see a peak before 2040 absent far stronger climate efforts. Others think it could be sooner.