Thursday 1 September 2022

Elon Musk states the obvious

 Stavanger clearly provided the most friendly audience anywhere in the world. Norway's economy has been buoyed by oil and gas, but is also moving towards renewables. There are probably more Tesla cars on the streets of Oslo than in any other capital city.

Before plugging his company's future projects,

Musk said the world must continue to extract oil and gas in order to sustain civilisation, while also developing sustainable sources of energy.

"Realistically I think we need to use oil and gas in the short term, because otherwise civilisation will crumble," Musk told reporters on the sidelines of the conference.

Asked if Norway should continue to drill for oil and gas, Musk said: "I think some additional exploration is warranted at this time."

"One of the biggest challenges the world has ever faced is the transition to sustainable energy and to a sustainable economy," he said. "That will take some decades to complete."

He said offshore wind power generation in the North Sea, combined with stationary battery packs, could become a key source of energy. "It could provide a strong, sustainable energy source in winter," he said.

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