Oil and gas companies are looking at a bonanza from the Ukraine war

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Analysis: fear of shortages gives fossil fuel companies leverage with governments that could be disastrous for the climate

, through ramping up renewables and seeking alternative sources of oil and gas supply.

Robin Baillie, partner in the energy group at the international law firm Crowell and Moring, said: “Governments around the world are looking for, and the North Sea is an obvious one for the UK, until such time as more renewables come online.” Marc van Baal, of Follow This, a group of 8,000 green shareholders in oil and gas companies, said: “The leaders of oil and gas companies really have shown in the last years that they want to. This is what they understand – turning hydrocarbons into petro-dollars. So I am afraid this is what they are telling governments they should do.”

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Hard pivot to EVs now. The oil barons can get fucked.

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We know. 2:35/L and 2.40/L in Perth

Someone needs to prevent the bonanza. simple.

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