'Houston, we have a problem' - Energy industry grapples with climate fight

  • 📰 ReutersScience
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Top global energy executives and officials on Monday grappled with how to transition the global economy from fossil fuels to renewables quickly enough to prevent climate disaster without disrupting strategic oil and gas supplies.

Jaber's call for energy companies to work toward the transition was an unusual moment at an event that has long been a mainstay for fossil fuel producers, who have previously viewed such calls as a threat to their business.

Many in the industry viewed the disruptions to Russian supply as a reminder to avoid policies that cut off or drive up prices for fossil fuels. Chevron Chief Executive Mike Wirth told attendees that maintaining secure and affordable supplies while managing the energy transition to the low-carbon economy was "one of the greatest challenges of all time.

"If we can speed that up and fit it together - it's not about securing the old world but speeding up the transition to the new world."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why pander to a highly vocal and neurotic minority.?

Listen to Tesla Investors day

Climate scam.

Easy: have fewer babies. overpopulation But corporations want more and more babies to drive more and more profit and stock prices.

You can’t blame these companies for climate issues when people are happily consuming products from plastics to energy. We need infrastructure FIRST before we can wean off of fossil fuels. You should see the brutal fights over EV charging stations.

A bit late for avoiding the insane inflation and disruption for middle class and poor. The rich aren’t affected. So caring was overlooked

Hoax

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 559. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CERAWEEK-'Houston, we have a problem'-Energy industry grapples with climate fightTop global energy executives and officials on Monday grappled with how to transition the global economy from fossil fuels to renewables quickly enough to prevent climate disaster without disrupting strategic oil and gas supplies. Damn, I was hoping this was a week long celebration of the actor Michael Cera.
Source: Reuters - 🏆 2. / 97 Read more »