On Saturday, in a frank speech in front of the US president, bin Salman made the case that a botched clean energy transition was a significant global threat. “The adoption of unrealistic policies to reduce emissions by excluding major sources of energy without taking into account the resulting impact of these policies on the social and economic pillars of sustainable development and global supply chains will lead in the coming years to unprecedented inflation, rise in energy prices, increase unemployment and exacerbate serious social and security problems, including an increase in poverty and famine and crime rates, extremism and terrorism,” said the prince.
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