Tesla and SpaceX founder Elon Musk says that it’s necessary for the world to increase its oil and gas production “in the short term” to deal with the rising cost of energy worldwide.
In a statement on Twitter, the billionaire best known for his development of electric vehicles said, “Hate to say it, but we need to increase oil & gas output immediately.”
“Extraordinary times demand extraordinary measures,” wrote Musk, adding that while the move would “obviously” have negative affects on Tesla, “sustainable energy solutions simply cannot react instantaneously to make up for Russian oil and gas exports.”
Musk made his remarks in response to rising energy costs, which have been severely impacted by sanctions of Russian exports, of which many countries depend on for their energy requirements.
“Increased oil & gas production in the short term is critical or people around the world will be placed under great duress,” said Musk in response to a comment suggesting that politicians in Washington D.C. ought to be listening to his suggestions instead of climate change activist Greta Thunberg.
“This is not a question of money, it is a question of having enough energy to power civilization,” said Musk, emphasizing his point.
In other tweets, Musk expressed his support for both Ukraine and sympathies for the “great people of Russia, who do not want this” — contradicting growing Russophobic sentiment.