Hello, I'm Manuela Saragossa. Welcome to Business Daily from the BBC. Coming up, there's a global

public backlash against fossil fuel energy. So who on earth is now going to buy shares in the world's

largest oil company, Saudi Arabia's Aramco? Over the last couple of years, concerns about climate risk

have gone mainstream in the investor community.

And it's not just altruism. It's because people see a financial risk.

Plus, what would a world where Saudi Arabia is no longer the king of oil look like?

I think in many ways that world will be more peaceful. There'll be less to fight over.

But I think the transition to that world could be very

bumpy. That's all here in Business Daily from the BBC.

Any day now, it said Saudi Arabia's Aramcoe, the world's largest energy company and the jewel

in the crown of the Saudi economy, will announce details of its first ever share sale to the

public, or IPO, as it's called. But who's going to buy Aramco's shares? Already, environmental

campaigners are out in force. Eight of them, including Friends of the Earth, this week warned

banks helping to organise Aramco's IPO that they would effectively be financing the destruction of the planet.

It's awkward for Mohammed bin Salman, Saudi Arabia's crown prince and ruler.

He intended to use proceeds from Aramco's share sale

to finance a revamp of his country's economy,

moving it away from being centred on oil.

Plus, there's this.

Protest by Extinction Rebellion this week. The mood is turning globally against all fossil fuels.

So how much of a threat is all of this to Saudi Arabia's economy and wealth?

A question for Indra Overland. He's head of energy at Norway's Institute of International Affairs.

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