We know that pumping oil out of the ground does not create many jobs. It does not foster an entrepreneurial spirit, nor does it sharpen critical faculties.
Greenhouse gas emissions and global warming are among humanity's most pressing concerns. Societal expectations on climate change are real, and our industry is expected to take a leadership role.
The efficient use of energy is as much an issue for Saudi Arabia, with its huge natural resources, as it is for all countries. Increased efficiency makes sense environmentally, but also economically.
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