‘Capitalism incarnate’: inside the secret world of McKinsey, the firm hooked on fossil fuels

Interviews and analysis of court documents show how the world's most prestigious consulting firm quietly helps fuel the climate crisis

Two giant, mirrored walls are set to rise out of the sands of the Arabian desert. They will run parallel for more than 100 miles from the coast of the Red Sea through arid valleys and craggy mountains. Between them, a futuristic city which has no need for cars or roads will be powered completely by renewable energy.

This engineering marvel, its creators say, will usher in a revolution in civilization". It's the jewel in the crown of a $500bn Saudi government project known as Neom, turning a vast scrubland into a techno-utopia and world-class tourist and sporting destination. Perhaps a harbinger for the end of oil, it will supposedly put the powerful petrostate at the forefront of the energy transition. For American consulting giant McKinsey & Company, its advising on this project appears to be making good on the firm's green promises.