Is the Saudi Aramco IPO Oil’s Last Stand?

The Saudi Aramco IPO slated for 2019 is not a comeback for oil. It is oil’s last stand, an attempt to maximize the value of assets that have poor prospects in a carbon-zero future. In a decade or two at most, cleantech, not oil tech, will be the more prized source of innovation in the Kingdom.

from Forbes – Tech https://ift.tt/2L2LaVO
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