Big Oil CEOs Defend Role in Energy Transition Amid Climate Criticism

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Source: CNBC
Big Oil CEOs Defend Role in Energy Transition Amid Climate Criticism
Photo: CNBC
TL;DR Summary

CEOs of major energy companies defended themselves against criticism at the ADIPEC oil and gas conference, stating that it is not possible to please everyone during the planned energy transition. They emphasized the need to prepare for decarbonized systems and make tough decisions based on facts and practical steps. The CEOs acknowledged the challenge of regaining trust from society and highlighted the industry's role in energy security. Despite polarizing debates, they expressed optimism about the progress made in both low-carbon and conventional energy, while acknowledging that more needs to be done to address the climate crisis.

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