The world needs more oil and gas right now — Elon Musk

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The world needs more oil and gas now to deal with an energy shortage while pushing to transition to renewable supplies, Tesla Chief Executive Officer Elon Musk said.

about 280 billion euros to ease the pain of surging costs for businesses and consumers, but the aid risks being dwarfed by the scale of the crisis.of energy ministers to discuss bloc-wide solutions.

“If you have a well-designed nuclear plant, you should not shut it down — especially right now,” Musk said. While the country’s ruling coalition has come under pressure to prolong their operating life because of the current crisis, Economy Minister Robert Habeck reiterated his view that nuclear power is not reliableNorway, the host of the ONS energy conference where Musk spoke, is in the midst of a transition itself.

The shift to relying on electricity for transport requires more battery materials including iron and lithium, with constraints coming from their processing to highly purified forms, Musk said.

 

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Yup, green energy looking more like a bugger up now

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