Saudi Aramco says its energy transition is not delivering and launches a $1.5 billion fund for a more ‘realistic’ plan

Getty Images Saudi Arabia’s state-run oil giant is investing $1.5 billion in a new energy transition plan.  Saudi Aramco’s CEO Amin Nasser said the current framework is “flawed.” The Kingdom has cautioned that the transition could take decades.  Saudi Arabia’s state-run oil giant is investing $1.5 billion in a global energy transition, while cautioning that alternative sources aren’t yet capable of handling demand.  Saudi Aramco…