OPEC issued a strongly worded defense of the oil-and-gas industry days before the start of the biggest ever climate talks, pushing back against the International Energy Agency and highlighting the increasingly fractious debate over how best to tackle global warming.
The Organization of Petroleum Exporting Countries said that the IEA has “unjustly vilified” the industry over its role in the climate crisis, according to a Nov. 27 statement that took issue with a recent report from the Paris-based agency. The oil industry is embracing renewables, with major investments being made, and it is investing in technologies to reduce emissions, OPEC said.
