Subject: txt engry -
Renewable energy is being praised in Washington, but it is generating snickers here in the nation's traditional energy capital, where oil, gas and utility leaders are gathered for a major industry conference.
"After all, there are only so many places where massive development is economical and publicly acceptable, and only so much government funding to subsidize the renewable sources."
Al-Falih said too much focus on renewables could diminish the investment needed to continue producing traditional fuels and create a "green bubble" with catastrophic monetary results...
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