Saudi power chair: Tariffs weaken the global energy transition and hurt humanity | Fortune
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Saudi power chair: Tariffs weaken the global energy transition and hurt humanity | Fortune
""These barriers with imports, exports, all of these issues, they are making it more complicated for the world. They are making it very expensive for everybody. We are just creating barriers unnecessarily for no reason. The whole globe needs each other," Abunayyan said. "There's no one country that does not need the others. We are all human on this earth. We need to work together, we need to have integration, and we need to think about how we create something that's good for all our people on this earth.""
""great disturbance""
""not good,""
The global energy transition continues advancing while tariff wars and politicization of renewable power are harming growth of clean, accessible electricity worldwide. A diverse energy mix of solar, wind, battery storage, fossil fuels, and nuclear is necessary to deliver secure, clean, and affordable electricity for all regions. Rising trade barriers, import and export restrictions, and politicized rhetoric are driving up costs and complicating international integration. Leading developers are pursuing large-scale projects such as the NEOM Green Hydrogen Project to produce green ammonia, with major corporate ownership and sovereign investment underpinning rapid sector growth.
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