Elon Musk: Oil and Gas Should Not Be Demonized, New York Climate Summit

2023-12-16 14:36:02
New York: It is important to reduce carbon emissions to preserve the planet, but oil and natural gas should not be demonized in the medium term, Elon Musk, the founder of electric car manufacturer Tesla, said on Saturday. Earlier this week , representatives from nearly 200 countries agreed at the COP28 climate summit to begin reducing global consumption of fossil fuels to avoid the worst consequences of climate change, heralding the end of the era of oil.

“Climate change alarm is overblown in the short term,” the American billionaire said, adding that the environmental movement may have gone too far, making people lose faith in the future.

Mr. Musk said he considered himself an environmentalist and added that it was important that, in the long term, industries reduce the billions of tons of carbon they take from the earth and release into the atmosphere by burning fossil fuels.

“We should not demonize oil and gas in the medium term,” he added during a speech in Rome at a gathering of Italian Prime Minister Giorgia Meloni’s right-wing political party. .

Comment Oil and gas should not be demonized, says Elon Musk

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