Oil and gas should not be demonised in the medium-term, Elon Musk, the founder of electric car maker Tesla, said on Saturday, but he also said it was important to reduce carbon emissions to preserve the planet.
Musk, speaking at a right-wing political gathering organised by Italian Prime Minister Giorgia Meloni’s Brothers of Italy party said: “Climate change alarm is exaggerated in the short term,” adding that the environmental movement may have gone too far, causing people to lose faith in the future.
At this month’s COP28 climate summit, representatives from nearly 200 countries agreed to begin reducing global consumption of fossil fuels to avert the worst of climate change, signalling the eventual end of the oil age.
