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John Kerry Claims Energy Transition Is Unstoppable but Reality Says Otherwise

  • Aramco CEO Amin Nasser dismissed the viability of the energy transition, comparing its chances to Elvis speaking again during a statement at CERAWeek.
  • The International Energy Agency estimates that investments in clean energy will reach $2 trillion in 2024, which is nearly double fossil fuel investments.
  • Despite investments in renewables, coal remains a dominant energy source globally, especially in China, which also invests heavily in fossil fuels.
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Oil Price broke the news in London, United Kingdom on Tuesday, March 18, 2025.
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