CNBC's Sam Meredith is reporting that an Oil CEO says blaming the energy industry for the climate crisis ‘like blaming farmers for obesity’.
The CEO of Crescent Petroleum, Majid Jafar, has compared blaming the oil and gas industry for the climate crisis to blaming farmers for obesity, emphasizing that societal consumption is the real issue. His statement comes amid the COP28 climate conference in Dubai, where calls for a phase-out of fossil fuels are prominent, given that the burning of coal, oil, and gas accounts for over three-quarters of global greenhouse gas emissions. Jafar acknowledges the need for oil and gas during the energy transition, despite some oil and gas companies pledging to cut methane emissions by 2030. U.N. Secretary-General António Guterres views these commitments as insufficient. Jafar criticizes the U.N.'s stance, suggesting a more radical approach if they are to be consistent. He stresses the importance of producing oil and gas more cleanly while maintaining that these resources will remain necessary. The article also notes the contentious presence of Big Oil at climate talks and the International Energy Agency's warning to the fossil fuel industry about their role in the energy system and the climate crisis.
https://www.cnbc.com/2023/12/05/oil-ceo-rejects-fossil-fuel-industry-to-blame-for-the-climate-crisis.html
(This article was written with assistance from ChatGPT)
