Oil Billionaire Says It’s Time to Move Focus to Renewables

Norwegian billionaire Kjell Inge Rokke, who built most of his fortune on oil and gas, says the time has come to start investing more heavily in renewable energy. The 61-year-old suggested that a tipping point had now been reached in the energy industry, while underscoring his conviction that the world will continue to need fossil fuels for years to come.

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