The world's most powerful activist confronted the man in charge of regulating global energy in Davos on Thursday, demanding an end to fossil fuel investments.
to stop the global energy industry and the financiers who support them from fuelling carbon investments.
The oil and gas industry, which has been accused by activists of hijacking the climate change debate in the Swiss ski resort, has said that it needs to be part of the energy transition as fossil fuels will continue to play a major role in the energy mix as the world shift to a low-carbon economy. The IEA chief said there was no reason to justify investments in new oil fields because of the energy crunch, saying by the time these became operational the climate crisis would be worse."We can have slight legitimate optimism," he said, adding: "Last year the amount of renewables coming to the market was record high."
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