Big Oil, on the back of record profits last year, has been accused of dialing back critically important climate pledges in recent months.
Chief executives of some of the world’s largest energy companies on Monday sought to defend themselves from criticism, saying it is not possible to keep everyone happy amid the planned energy transition.
Speaking at the ADIPEC oil and gas conference, which opened in Abu Dhabi on Monday, executives representing energy majors in the U.S., Europe and Asia sought to strike a positive tone on the current state of play for the fossil fuel industry.
It comes shortly after climate protesters took to the streets in hundreds of cities across the globe to demand that world leaders phase out the burning of fossil fuels, the chief driver of the climate crisis.
I wonder how long it'll take them to realize that they have to live on the planet they're destroying too. Hurricanes, droughts, forest fires, etc don't give a shit about property value and destroy everything in their path. Sure, the boomers will check out before things get unbearable but there's a lot of very rich people in their 40s and 50s that will live long enough to suffer with the rest of us.
It will take them a lot longer, since they are completely disconnected from the average person's experience. Even those currently in their 40s aren't going to suffer during their lifetime.
The thing is tough, their lifestyle depends on the average person's experience. The rich people aren't the ones laboring to make fast cars, high definition TVs, building houses, refining fuel, working at power plants, farming, ranching, and all the other things that their lifestyle depends on.
They just sit on top and collect the cash. When life gets bad for the people on the bottom those on top will have nothing, because despite what they try to say they've never really worked a day in their life and they sure as hell aren't going to roll up their sleeves and do the dirty work themselves. It's a pyramid of playing cards and when the bottom falls out the whole thing will collapse.