By David Middleton – Re-Blogged From WUWT
Chevron’s Answer to Climate Change Is to Keep Drilling for Oil
The energy giant believes it can still wring years of profits from fossil fuels while its European rivals embrace renewables.
By Kevin Crowley and Bryan Gruley for Bloomberg Green
Speaking to the Texas Oil & Gas Association in July, Chevron Corp. Chief Executive Officer Mike Wirth assured his audience that the global clamor for clean energy “doesn’t mean the end of oil and gas.” On the contrary, Wirth said, the energy business is simply undergoing another of its natural transitions. “We’ll find ways to make oil and gas more efficient, more environmentally benign,” he said. “And it will be a part of the mix, just as biomass and coal are still enormous parts of the mix today.”