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The largest oil companies in the world are on track to becoming the largest suppliers of raw materials for solar panels and batteries. Oil companies have figured out that they can play both games at the same time. Sell as much oil and solar panel/lithium material and make hand over fist in cash.
Man it’s going to blow your mind to know that petro companies are using oil money to buy up lithium and silicon mines as fast as they can.
The largest oil companies in the world are on track to becoming the largest suppliers of raw materials for solar panels and batteries. Oil companies have figured out that they can play both games at the same time. Sell as much oil and solar panel/lithium material and make hand over fist in cash.