Davos climate focus: Can 'going green' mean oil and gas?
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Summary
DAVOS, Switzerland (AP) — As government officials, corporate leaders and other elites at the World Economic Forum grapple with how to confront climate change and its devastating effects, a central question is emerging: to what extent can oil and gas companies be part of a transition to lower-carbon fuels?In different times the question could have been academic, but today it’s both practical and urgent, as Russia’s invasion of Ukraine has forced many countries that depended on Russian oil and gas to make swift changes to energy supplies. “One is the belief that we can end the use of oil and gas sooner rather than later.”Joe Manchin, a U.S. senator from West Virginia who has opposed a major bill on climate change proposed by President Joe Biden, said fossil fuels were key to ensure energy security, and America had the resources to help ensure such security for the world.
As said here by PETER PRENGAMAN