The hottest investor in renewables is a big oil producer
29
Jun
In an information-rich article by its Dubai-based reporter, Rory Jones, The Wall Street Journal said the UAE is “emerging as one of the world’s biggest state financiers of clean energy, seeking to become as influential in renewables as it currently is in oil and gas.” The paper shed specific light on the fact that while the UAE lays focus on renewables, the country “also remains a major investor in traditional oil and gas.