Elon Musk IDs The Global Energy Problem, But Who Has The Solution?

  • Date: 05-Mar-2022
  • Source: Forbes
  • Sector:Oil & Gas
  • Country:Gulf
  • Who else needs to know?

Elon Musk IDs The Global Energy Problem, But Who Has The Solution?

Tesla CEO Elon Musk gestures as he arrives to visit the construction site of the future US electric ... [+] car giant Tesla, on September 03, 2020 in Gruenheide near Berlin. (Photo by Odd ANDERSEN / AFP) (Photo by ODD ANDERSEN/AFP via Getty Images) In an extraordinary pair of tweets Friday evening, Tesla founder and CEO Elon Musk suddenly sounded like a spokesman for America's oil and gas industry: And there you have it: The visionary of the electric vehicle (EV) industry appearing to admit that "sustainable", i. e., renewable energy sources are useless in this emergency. Just as they've been essentially useless to Germany and much of the rest of Europe during their energy emergency since last summer. It almost seems as if living in Texas for the last year is starting to rub off on Mr. Musk's energy outlook. But here's the thing: The U. S. oil and gas industry can't respond to this crisis immediately, either, though it can respond more quickly than wind and solar could. After all, this is an industry that increased U. S. oil production by 2 million barrels per day in just a 12 month period a few years ago: With the