Rosneft Chief Executive Officer Igor Sechin says high costs coupled with elusive targets are driving investors away from the burgeoning green energy industry. During a recent United Arab Emirates conference, the head of the largest oil producer in Russia noted that the green transition is losing investors due to a critical lack of financing coupled with astronomical costs and elusive green energy targets.
Igor Sechin’s opinion on climate change is controversial; he says scientists have overestimated humanity’s role in climate change and has expressed skepticism of the global green agenda. But despite the West’s determination to ditch fossil fuels for clean energy, Sechin notes that enthusiasm for…
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