Paasha Mahdavi
@paashamahdavi.com
UCSB prof, researching climate politics and the oil industry. EGAPE Lab Director and 2035 Initiative co-founder. Wrote a book on oil nationalization (https://tinyurl.com/2zyaf8bd). Working to transition from the fossil fuel era. Posts expire after 30 days.
Chevron & Exxon may spend $10 bn/yr just to revitalize Venezuela’s oil. Compare that to their global spend on “low-carbon solutions” of $4 bn/year.
Simplifying a bit, but the reality is this: money spent on expanding oil is money directly not spent on decarbonization.
My thoughts for @apnews.com
Simplifying a bit, but the reality is this: money spent on expanding oil is money directly not spent on decarbonization.
My thoughts for @apnews.com
January 9, 2026 at 9:14 PM
Chevron & Exxon may spend $10 bn/yr just to revitalize Venezuela’s oil. Compare that to their global spend on “low-carbon solutions” of $4 bn/year.
Simplifying a bit, but the reality is this: money spent on expanding oil is money directly not spent on decarbonization.
My thoughts for @apnews.com
Simplifying a bit, but the reality is this: money spent on expanding oil is money directly not spent on decarbonization.
My thoughts for @apnews.com
Great to be on @cbcnews.ca's The National last night talking about the carbon footprint of Venezuela's oil production and the "muddy footprints" of the U.S. oil industry in this whole fiasco.
January 5, 2026 at 9:51 PM
Great to be on @cbcnews.ca's The National last night talking about the carbon footprint of Venezuela's oil production and the "muddy footprints" of the U.S. oil industry in this whole fiasco.