Saudi Aramco IPO: the ultimate marriage between carbon and capitalism

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The firm with the biggest carbon footprint seeks funds to grow just as the fight against climate change needs it to shrink

Roll up! Roll up! The world’s biggest climate polluter, Saudi Aramco is poised to announce the world’s biggest stock flotation in an ultimate marriage of carbon and capital. Any institution with tens of millions of dollars and few qualms about the environment is invited.

 

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Marriage between war & terror collapse relationship between carbon & capitalism for Saudi company.

Trust issues with this one!

Achetez Manchester United le reste rien à foutre les amis. SaudiIn GlazersOut

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Saudi Aramco: Long-awaited IPO of state-run oil giant formally announced by Saudi ArabiaCrown Prince Mohammed bin Salman is hoping for a $2tn (£1.5tn) valuation of Aramco to fund his ambitious plans for Saudi Arabia. I wasn't waiting for it. Hopefully nowhere near that. We need to be ditching oil. War criminals
Source: SkyNews - 🏆 35. / 67 Read more »

Saudi oil giant Aramco gets go ahead for $1.7 trillion stock listingThe world’s biggest ever initial public offering is expected to take place in December after regulators give approval They are doing this as they well know Oil is not lasting forever!!! Other people will buy shares etc so Saudi can get the money and go into something different (go_ahead? So bigOil ain't dead ...) There's always a tweet.
Source: The Guardian - 🏆 84. / 53 Read more »

Saudi Aramco: Long-awaited IPO of state-run oil giant formally announced by Saudi ArabiaCrown Prince Mohammed bin Salman is hoping for a $2tn (£1.5tn) valuation of Aramco to fund his ambitious plans for Saudi Arabia. I wasn't waiting for it. Hopefully nowhere near that. We need to be ditching oil. War criminals
Source: SkyNews - 🏆 35. / 67 Read more »

World's most profitable company to go publicStock market flotation of the Saudi oil giant Aramco could be the world's biggest initial public offering. Bet there isnt much 'public' to buy it Yes it’s all organised as Saudi know they have to do it now before the company starts to lose money!! I guess the attack was just to scare off investors
Source: BBCNews - 🏆 3. / 97 Read more »

Why are we are being herded into buying part of the world's biggest polluter?Pension funds will be stuffed with Saudi Aramco shares after the oil giant’s floatation this weekend ClimateAction PollutionTracker ClimateCrisis SeattleStrong Seattle SpaceJunk We need petrol , its real good stuff Imagine a e.g. hydrogen fuel cell breakthrough. The value of oil (shares) will plummet overnight.
Source: The Guardian - 🏆 84. / 53 Read more »

Saudi oil giant Aramco gets go ahead for $1.7 trillion stock listingThe world’s biggest ever initial public offering is expected to take place in December after regulators give approval They are doing this as they well know Oil is not lasting forever!!! Other people will buy shares etc so Saudi can get the money and go into something different (go_ahead? So bigOil ain't dead ...) There's always a tweet.
Source: The Guardian - 🏆 84. / 53 Read more »