The CEO of the world's largest oil company said Monday that calls to phase out fossil fuels are a 'fantasy' that policymakers should abandon, a remark that drew applause from energy elites gathered in Houston, Texas for a major industry conference.
' Climate scientists say that a rapid, global transition away from fossil fuel production and toward renewable energy is necessary to avert the worst of the planetary emergency, which is driving increasingly destructive and deadly extreme weather events, sea-level rise, ocean warming, and other alarming phenomena.