ELI5; What will happen to the oil producing countries when we switch away from fossil fuels? 435 viewsJanuary 3, 2024 Question90.69K August 26, 2021 0 Comments ELI5; What will happen to the oil producing countries when we switch away from fossil fuels? In: Economics 7 Answers ActiveNewestOldest Anonymous Posted August 26, 2021 0 Comments One of two things. 1: They pivot their economy to something else. The UAE basically did this by leaning heavily into being a resort destination. 2: Their economy crashes and burns hard. See: Venezuela. You are viewing 1 out of 7 answers, click here to view all answers. Register or Login
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