The economy still largely runs on hydrocarbons. And the energy market is too competitive for this to work:
'One of Ben’s lowest points came when he was told to fire over 60 people in 2020, a year in which his company made record profits. “Oil and gas companies are making the most money they’ve ever made,” he says, “but where people are demanding more fuel and oil, companies will hold it back, because if they over saturate the market, prices will go down and they’ll lose profits.” In the end, he explains, it’s normal people who pick up the tab – and he no longer wants to be part of that system.'
'One of Ben’s lowest points came when he was told to fire over 60 people in 2020, a year in which his company made record profits. “Oil and gas companies are making the most money they’ve ever made,” he says, “but where people are demanding more fuel and oil, companies will hold it back, because if they over saturate the market, prices will go down and they’ll lose profits.” In the end, he explains, it’s normal people who pick up the tab – and he no longer wants to be part of that system.'