A “balanced” energy transition retains existing energy sources, say Saudi CEOs

Published 02:40 on November 3, 2025 / Last updated at 02:40 on November 3, 2025 / / EMEA (Middle East), International (UN Climate Talks), Net Zero Transition (Industrial Decarbonisation, Power/Electrification)

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CEOs of Saudi state-backed companies said last week that a “balanced” energy transition adds new energies without necessarily replacing old ones, reviving questions about Paris Agreement parties’ domestic commitment to fossil fuel phase-down in the lead-up to COP30 this month.
CEOs of Saudi state-backed companies said last week that a “balanced” energy transition adds new energies without necessarily replacing old ones, reviving questions about Paris Agreement parties’ domestic commitment to fossil fuel phase-down in the lead-up to COP30 this month.


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