[size=30]Global digital data "predicts" the danger awaiting the Iraqi economy ... For the first time in the world: investment in renewable energy exceeds oil and gas!
2021-05-20
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Yes Iraq: Baghdad
Global data continues to show the global trend of alternative energy and a move away from oil and gas, which predicts the danger of abandoning global oil purchases within years, on which Iraq depends on achieving its revenues by more than 90%.
Manar Al-Obeidi, who is interested in economic affairs, says, "The volume of investment in renewable energy exceeded for the first time in the world the volume of investment in the oil and gas sector, as the volume of investment in renewable energy amounted to more than $ 87 billion, while the volume of investment in oil and gas amounted to only 45 billion dollars." Adding that, "If the volume of investment in the batteries sector, which amounted to $ 20 billion, is added, the total investment in renewable energy generation will amount to more than $ 100 billion in 2020."
Al-Obaidi considers that “this dangerous indicator indicates that most countries have practically started to move towards alternative energy, which means reducing dependence on oil during the next ten years,” indicating that “the decline in dependence on oil has become a tangible reality that no one can argue in return. Iraq depends on its revenues from oil and the population growth rate is still maintaining its levels, and the level of education is still at its worst stage.
Al-Obeidi explained that "these three things foreshadow a real disaster that the country will go through during the next ten years, as oil has no value and a huge population that is not scientifically armed and able to find work opportunities," stressing that "Iraq, the government and people, must bear the greatest responsibility for the future of our children and grandchildren, otherwise we will be." The main reason for the formation of a parasitic society is unable to be sustainable in any way.
He added, "We must immediately start the process of educating about the dangers of population growth and trying to determine birth control, as well as work to establish residential communities and cities that do not depend on oil revenues, but rather are self-sustainable, which is the first step towards the transformation from dependence on the state to dependence on small society."
The necessity to build cities dependent on the agricultural, industrial and service sectors and to be able to finance themselves by themselves. Countries withdraw their hand little by little from their responsibility to be the official sponsor for financing the various classes of the people.
It is also necessary to adopt mechanisms to combat illiteracy, to enhance the role of technical education, and to advance the reality of the current generation to be able to work in the future.
Putting the head in the dirt will not solve the problem. The state must be frank and clear with the people about what the future will be like, which is closer than we imagine.
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