Former oil fund CEO says expectations for renewables are too high
Yngve Slyngstad says new technologies need to fall into place before the old energy sources can be phased out.
by lars heltne, translated by catherine brett
The former CEO of Norges Bank Investment Management (NBIM), the oil fund, Yngve Slyngstad, thinks the transition away from oil and gas to renewable energy sources may take longer than expected, and encourages investments in energy transmission.
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