• Latest
  • Trending
  • All
  • News
  • Lifestyle
‘Civilization will crumble’ if the world doesn’t continue using oil and gas, Elon Musk, co-founder and CEO of electric car giant Tesla, says thumbnail

‘Civilization will crumble’ if the world doesn’t continue using oil and gas, Elon Musk, co-founder and CEO of electric car giant Tesla, says

August 30, 2022
Five Republicans Vote To Force Bondi To Answer For Epstein Files Debacle thumbnail

Five Republicans Vote To Force Bondi To Answer For Epstein Files Debacle

March 6, 2026
Patriots to cut Stefon Diggs despite productive 1,000-yard season and Super Bowl run thumbnail

Patriots to cut Stefon Diggs despite productive 1,000-yard season and Super Bowl run

March 5, 2026
Serious investigation or ‘clown show’? Clintons’ closed testimonies on Epstein leave room for disagreement thumbnail

Serious investigation or ‘clown show’? Clintons’ closed testimonies on Epstein leave room for disagreement

March 1, 2026
Perioperative enfortumab vedotin + pembrolizumab tied to improved outcomes with bladder cancer thumbnail

Perioperative enfortumab vedotin + pembrolizumab tied to improved outcomes with bladder cancer

February 28, 2026
It’s a Buyer’s Market: America Has 44% More Home Sellers Than Buyers—a Near-Record Gap thumbnail

It’s a Buyer’s Market: America Has 44% More Home Sellers Than Buyers—a Near-Record Gap

February 25, 2026
New Democrats' Bill seeks to refund Trump's illegal IEEPA-based tariffs, plus interest thumbnail

New Democrats’ Bill seeks to refund Trump’s illegal IEEPA-based tariffs, plus interest

February 25, 2026
Pregnant woman hospitalized after ICE detention in Burlington thumbnail

Pregnant woman hospitalized after ICE detention in Burlington

February 25, 2026
Blizzards blast Northeast with snow, hurricane force winds thumbnail

Blizzards blast Northeast with snow, hurricane force winds

February 24, 2026
Maps show snow totals, blizzard warnings for major winter storm thumbnail

Maps show snow totals, blizzard warnings for major winter storm

February 23, 2026
6 Patriots trade targets who would take Drake Maye to the next level thumbnail

6 Patriots trade targets who would take Drake Maye to the next level

February 22, 2026
Nor’easter threatens 12 states, 80M people with blizzard conditions thumbnail

Nor’easter threatens 12 states, 80M people with blizzard conditions

February 22, 2026
Massachusetts studies single-stair low-rise buildings to add supply thumbnail

Massachusetts studies single-stair low-rise buildings to add supply

February 18, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact
  • Donate
Saturday, March 7, 2026
66 °f
Wellfleet
58 ° Tue
63 ° Wed
68 ° Thu
61 ° Fri
  • Login
  • Register
FREE Cape Cod News
DONATE
  • FREE Cape Cod News
  • Cape Cod News
  • News
    • News
    • Massachusetts
    • Breaking News
    • Cape Cod Weather
    • Storm Watch
    • Environment
  • Politics
    • democrats
    • republicans
  • Business
    • business
    • cryptocurrency
    • economy
    • money
    • Real Estate
    • Tech
  • World
  • Entertainment
  • Lifestyle
  • Photos
    • Orleans
    • Eastham
    • Wellfleet
    • Truro
    • Provincetown
    • Brewster
    • Chatham
  • Videos
No Result
View All Result
Free Cape Cod News
No Result
View All Result
  • FREE Cape Cod News
  • Cape Cod News
  • News
  • Politics
  • Business
  • World
  • Entertainment
  • Lifestyle
  • Photos
  • Videos
Home Business

‘Civilization will crumble’ if the world doesn’t continue using oil and gas, Elon Musk, co-founder and CEO of electric car giant Tesla, says

FREE Cape Cod News by FREE Cape Cod News
August 30, 2022
in Business, News
Reading Time: 2 mins read
Donate
0
‘Civilization will crumble’ if the world doesn’t continue using oil and gas, Elon Musk, co-founder and CEO of electric car giant Tesla, says thumbnail
639
SHARES
1.4k
VIEWS
Share on TwitterShare on Facebook

Mankind must rely on oil and gas “in the short term” or “civilization will crumble,” Elon Musk told reporters Monday at an energy conference in Norway—a striking statement from the co-founder and CEO of top electric car maker Tesla.

He’s said as much before, noting that an increase in oil and gas output would negatively affect the company, worth nearly $900 billion.

“Hate to say it, but we need to increase oil & gas output immediately,” he wrote on Twitter in March, the month following the war in Ukraine and the sanctions placed upon Russia.

“Extraordinary times demand extraordinary measures,” he added.

Musk’s comments, made at the conference and reported by Reuters, come as Europe’s energy crisis grows. After Russia’s February invasion of Ukraine, the country was hit with sanctions from countries around the world. It retaliated by limiting the availability of its natural gas supply to outside entities, causing costs to spike. Much of Europe depends on the country’s supply.

In July, the European Union agreed to reduce its overall consumption of gas by 15% from August to March, with countries going to extremes to limit use of gas. Some have cut off hot water in public buildings, set air conditioning temperature limitations, and turned off the lights at certain times of the day.

When asked if Norway should continue to drill for oil and gas, Musk said additional exploration is warranted, Reuters reported.

Musk also suggested that offshore wind power—a form of renewable energy that creates electricity through the force of winds at sea—generation in the North Sea, in combination with stationary battery packs, could become a solution for the country.

“It could provide a strong, sustainable energy source in winter,” Musk said, per Reuters.

“One of the biggest challenges the world has ever faced is the transition to sustainable energy and to a sustainable economy,” he added. “That will take some decades to complete.”

However, it’s one he’s partially taken upon himself, as Tesla’s mission is to accelerate the world’s transition to sustainable energy.

The billionaire isn’t new to the renewable energy conversation. And although he said he sees global warming as a major risk to civilization, he argues that a population collapse resulting from low birth rates is a much bigger threat—a stance he reaffirmed last week on Twitter.

Read More

Tags: businesseconomygasoil

FREE Digital Newspaper Subscription!
Sign up for your free digital subscription. The FREE Cape Cod News

Unsubscribe
FREE Cape Cod News

FREE Cape Cod News

Free Cape Cod News is what's happening in the Cape Cod, U.S and World & what people are talking about right now. Local newspaper. Stay in the know. Subscribe to get notified about our latest news.

Related Posts

Five Republicans Vote To Force Bondi To Answer For Epstein Files Debacle thumbnail
Politics

Five Republicans Vote To Force Bondi To Answer For Epstein Files Debacle

by FREE Cape Cod News
March 6, 2026
Patriots to cut Stefon Diggs despite productive 1,000-yard season and Super Bowl run thumbnail
News

Patriots to cut Stefon Diggs despite productive 1,000-yard season and Super Bowl run

by FREE Cape Cod News
March 5, 2026
Serious investigation or ‘clown show’? Clintons’ closed testimonies on Epstein leave room for disagreement thumbnail
News

Serious investigation or ‘clown show’? Clintons’ closed testimonies on Epstein leave room for disagreement

by FREE Cape Cod News
March 1, 2026
Perioperative enfortumab vedotin + pembrolizumab tied to improved outcomes with bladder cancer thumbnail
News

Perioperative enfortumab vedotin + pembrolizumab tied to improved outcomes with bladder cancer

by FREE Cape Cod News
February 28, 2026
Load More
Please login to join discussion

Follow Us on Twitter

FREE Cape Cod News - Your source for local Cape Cod news, latest breaking U.S. and World news. Every day, all day. Subscribe for your favorite categories.

  • Trending
  • Comments
  • Latest
'Swipe Left For Meth': Police Use Grindr App to Catch Drug Dealers Through Dating Profiles thumbnail

‘Swipe Left For Meth’: Police Use Grindr App to Catch Drug Dealers Through Dating Profiles

January 28, 2022
Lobster Jesus: Sacrilege or the most New England Nativity ever? thumbnail

Lobster Jesus: Sacrilege or the most New England Nativity ever?

December 12, 2025
Super Bowl MVP has bold take on Patriots' potential in 2025 season thumbnail

Super Bowl MVP has bold take on Patriots’ potential in 2025 season

May 4, 2025
Patriots to cut Stefon Diggs despite productive 1,000-yard season and Super Bowl run thumbnail

Patriots to cut Stefon Diggs despite productive 1,000-yard season and Super Bowl run

0
Five Republicans Vote To Force Bondi To Answer For Epstein Files Debacle thumbnail

Five Republicans Vote To Force Bondi To Answer For Epstein Files Debacle

0
Perioperative enfortumab vedotin + pembrolizumab tied to improved outcomes with bladder cancer thumbnail

Perioperative enfortumab vedotin + pembrolizumab tied to improved outcomes with bladder cancer

0
Five Republicans Vote To Force Bondi To Answer For Epstein Files Debacle thumbnail

Five Republicans Vote To Force Bondi To Answer For Epstein Files Debacle

March 6, 2026
Patriots to cut Stefon Diggs despite productive 1,000-yard season and Super Bowl run thumbnail

Patriots to cut Stefon Diggs despite productive 1,000-yard season and Super Bowl run

March 5, 2026
Serious investigation or ‘clown show’? Clintons’ closed testimonies on Epstein leave room for disagreement thumbnail

Serious investigation or ‘clown show’? Clintons’ closed testimonies on Epstein leave room for disagreement

March 1, 2026

FREE Cape Cod News On Twitter

Today’s News

  • Five Republicans Vote To Force Bondi To Answer For Epstein Files Debacle March 6, 2026
  • Patriots to cut Stefon Diggs despite productive 1,000-yard season and Super Bowl run March 5, 2026
  • Serious investigation or ‘clown show’? Clintons’ closed testimonies on Epstein leave room for disagreement March 1, 2026
  • Perioperative enfortumab vedotin + pembrolizumab tied to improved outcomes with bladder cancer February 28, 2026
  • It’s a Buyer’s Market: America Has 44% More Home Sellers Than Buyers—a Near-Record Gap February 25, 2026
FREE Cape Cod News

Copyright © 2024 Free Cape Cod News

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact
  • Donate

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • FREE Cape Cod News
  • Cape Cod News
  • News
    • News
    • Massachusetts
    • Breaking News
    • Cape Cod Weather
    • Storm Watch
    • Environment
  • Politics
    • democrats
    • republicans
  • Business
    • business
    • cryptocurrency
    • economy
    • money
    • Real Estate
    • Tech
  • World
  • Entertainment
  • Lifestyle
  • Photos
    • Orleans
    • Eastham
    • Wellfleet
    • Truro
    • Provincetown
    • Brewster
    • Chatham
  • Videos
  • Login
  • Sign Up

Copyright © 2024 Free Cape Cod News