Hacker News new | ask | show | jobs
by dragonwriter 3234 days ago
> many of the "oil states" are not oblivious to the writing on the wall and as a result have begun allocating significant portions of their "fossil fuel" profits into alternative channels, in many cases into energy as well.

And not just recently; it's been that way for decades. This (alongside the fact that certain other oil states had not done so) was a major contributing factor to the 1990-1991 Gulf War, for instance.