Post Tagged with: "oil industry"

This combination photo shows Swedish climate activist Greta Thunberg speaking at the COP25 summit in Madrid, Spain on Dec. 11, 2019, left, and President Donald Trump speaking at a campaign rally in Battle Creek, Mich. on Dec. 18, 2019. When climate activist Greta Thunberg, also 16, was named Time magazine's 2019 person of the year, President Donald Trump took to Twitter to call her choice “ridiculous." (AP Photo/Paul White, left, and Evan Vucci)

Oil industry in Davos: torn between Greta and Trump

Reuters


DAVOS, Switzerland – Oil majors are at the sharp end of the climate debate and face a bewildering balancing act to secure their futures.

It’s a Catch-22 situation: to meet ambitious emissions targets by investing in low-carbon technologies, they …