Voters Want Oil and Gas Industry to Pay for Clean Energy Transition

  • 📰 truthout
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

Big Oil CEOs say consumers are unwilling to pay for the transition away from fossil fuels. Voters are not having it.

Top oil and gas executives took the stage at the annual industry conference CERAWeek in Houston, Texas, this week to shift the blame for climate inaction onto the public, claiming in speeches and statements that consumers are unwilling to pay higher energy costs to hasten the transition away from fossil fuels.

While U.S. consumers may not be excited about the prospect of paying higher energy bills for cleaner air, they do have strong opinions about who should pick up the tab.of likely U.S.

“Poll after poll shows that across party lines, demographics and regions, the public wants these companies to take responsibility for the damage they’ve done to our climate,” DiPaola said. “It’s time for elected officials to listen to their constituents and hold polluters accountable.” “Comments like those from Exxon’s CEO reveal any fossil fuel industry claims about having climate plans to be little more than attempts to continue lining their own pockets while the world burns,” Bender said in a statement.

 

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

 /  🏆 69. 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.

Trump could deliver lower oil prices but ‘mixed stories’ for oil and gas stocksWith a Biden-Trump rematch looking likely, here’s how the 2024 presidential race might shake up the fossil-fuel sector
Source: MarketWatch - 🏆 3. / 97 Read more »