'The first and main barrier is the nature of the ruling elite. In many oil-producing countries, the ruling elite is effectively a kleptocracy whose position has been reinforced by many years of securing oil revenues to support its own interests...'
New Paper 
The Geopolitical Implications of Future Oil Demand
- Some would argue oil has been the source of much of the conflict in the 20th century. The rise of renewables in the current energy transition could well change this status quo - Paul Stevens
https://www.chathamhouse.org/publication/geopolitical-implications-future-oil-demand …
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'By definition, this elite has no incentive to change the status quo. Indeed, its interests are to maintain the sources of its wealth and power.'pic.twitter.com/aIuQz8Fqye
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