Article Image

IPFS News Link • Energy

Chevron CEO Blames Western Governments "Doubling-Down" On 'Climate' Policies --

• by Tyler Durden

The chairman and CEO of energy company Chevron warned the global energy crisis had been exacerbated by Western governments "doubling down" on green energy policies that will only cause "more volatility, more unpredictability, and more chaos." 

"If people want to stop driving, stop flying... that's a choice for society," he said.

"I don't think most people want to move backwards in terms of their quality of their life... our products enable that."

CEO Mike Wirth told Financial Times in an interview this week that the premature transition from fossil fuels to green energy, a move to decarbonize the economy, has sparked "unintended consequences," such as energy supply issues that are already widespread in Europe and emerging in California.