During the CERAWeek energy conference, top oil executives, including those from ExxonMobil, expressed strong opposition to accelerating the transition away from fossil fuels, highlighting the significant costs of replacing oil and gas. They argued that fossil fuels remain essential to the global economy, despite the growing pressure from the ESG movement and environmental campaigns. Executives emphasized their commitment to addressing climate change but criticized the feasibility of rapidly phasing out fossil fuels. This stance has sparked backlash from environmental campaigners, who accuse the industry of continuing to spread disinformation about climate change.
At an energy conference this week, leaders of the world’s biggest oil and gas companies predicted that fossil fuels will continue to power the global economy well into the future. https://t.co/oF9cOLynk2
Phasing out fossil fuels a ‘fantasy,’ oil executives say amid giant profits, via @maxinejoselow https://t.co/QHKW7Iotgt
When @exxonmobil's CEO pointed the finger at the public as the cause of the #climatecrisis, @billmckibben spoke to @MSNBC to clear the air: "[they have] waged a 30 year campaign of disinformation & denial, which was completely contrary to what they knew about climate change." https://t.co/CmJ9JQuypO
Oil titans all say they're committed to climate but dispute the viability of rapid transition from fossil fuels. https://t.co/L4K0CRrF95
World’s top fossil-fuel bosses deride efforts to move away from oil and gas https://t.co/jI5T4eRTvF
Big Oil’s green-bashing stokes backlash as campaigners hit out at 'talking points from the 1970s' https://t.co/1p0AZgsdJ0
Fossil fuels aren’t going anywhere anytime soon, Big Energy says https://t.co/yMOrUlKAGt by @juleshyman
Three years after the height of the ESG movement, Big Oil executives descending on Houston this week are making it clear fossil fuels are alive and kicking, writes @CrowleyKev https://t.co/7JmNe3hmd1
Top #oil executives took to the stage of #CERAWeek energy conference on Monday to vocally oppose calls for a quick move away from #FossilFuels, saying "society would pay a steep cost to replace oil & #gas" 🤔 https://t.co/PNQWTQYt0j
Big Oil blames climate change on the public, demands a slower energy transition https://t.co/lRbcpKS4Qb