Axios
Bill Gates: Some oil giants won’t make it
GLASGOW, Scotland — Bill Gates sees a role for Big Oil companies and their skill sets in the transition to clean energy but doesn’t think all the incumbents will be left standing. Driving the news: Gates, in a briefing Wednesday, cautioned against assuming “new eras are marked by the falling of giants,” but added: “Yes, some of these giants will fall, you know, 30 years from now, some of those oil companies will be worth very little.”Get market news worthy of your time with Axios Markets. Subscr
