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‘We are not in the business of ice cream’: Big Oil CEOs defend themselves against climate criticism - TL;DR CNBC

‘We are not in the business of ice cream’: Big Oil CEOs defend themselves against climate criticism

Publishing timestamp: 2023-10-02 10:10:54


Summary

Executives from major energy companies defended the fossil fuel industry at an oil and gas conference, stating that it is not possible to keep everyone happy amid the planned energy transition. They acknowledged the need for decarbonization but also emphasized the importance of oil and gas for energy security. The article highlights the challenges of regaining trust and the polarized debate surrounding the industry.


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Tickers: OXY,  TTE-FR,  SHEL-GB, 

Keywords: totalenergies se,  united arab emirates,  business news,  abu dhabi,  energy,  united states,  pollution,  occidental petroleum corp,  environment,  climate,  oil and gas, 

Source: https://www.cnbc.com/2023/10/02/climate-and-energy-big-oil-ceos-defend-themselves-against-criticism.html


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