Greed of a few will drive this IPO initial opening offer  (ODT)

And yet the future doesn’t look good for oil. The threat of climate change means most countries are looking for ways to reduce their use of fossil fuels and many investors are trying to reduce the number of oil company stocks they hold. So why is the company considered so valuable? A closer look at the data suggests the market sees Aramco as a short-term money maker but with much worse long-term prospects.

via Saudi Oil Giant Aramco’s Saudi Oil Giant Aramco’s $1.5 trillion IPO flies in the face of our Climate Crisis Reality.5 trillion IPO flies in the face of our Climate Crisis Reality