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minister today was this a row, a trade with brow that is blown up into the eu and us overjoe biden s subsidies for green technology three and they are worried that european green technology firms are going to move across to the us and take their investment there. they have just announced today that they will found this european sovereignty fund to compete with that money. but suddenly in a way it is a positive news story to suddenly have a lot of money that is throwing around for the transition. it is an exciting time and where several of us are coming around to say what this world will look like in terms of energy for next a0 or 50 years. will look like in terms of energy for next 40 or 50 years.- will look like in terms of energy for next 40 or 50 years. when i read the articles for next 40 or 50 years. when i read the articles with for next 40 or 50 years. when i read the articles with exxon, for next 40 or 50 years. when i read the articles with exxon, if for next 40 or 50 y
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exxon had completed a set of 16 models predicting that global temperatures would rise on average by 0.36 degrees fahrenheit each decade. and since 1981, the global temperature has in fact risen by 0.32. so more or less bang on, samantha. what do you make of the concerted effort that we are hearing from the secretary general and from others to stigmatize oil and gas companies, in the same way that they did with tobacco companies? mr; the same way that they did with tobacco companies? the same way that they did with tobacco companies? my answer to that is mixed. tobacco companies? my answer to that is mixed- 0n tobacco companies? my answer to that is mixed. on the tobacco companies? my answer to that is mixed. on the one tobacco companies? my answer to that is mixed. on the one hand tobacco companies? my answer to that is mixed. on the one hand i tobacco companies? my answer to that is mixed. on the one hand i am - tobacco companies? my answer to that is mixed. on the one hand
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absolutely power the world economy? yes absolutely and power the world economy? jazz absolutely and even when you look at very optimistic forecasts or scenarios about declining use of fossil fuels those decline rates are not as fast as the declining rates of our existing oil and gas resources. so even if we move very quickly away from fossil fuels, the world will still need some investment in new fossil fuel production. plus, these companies know a lot about the energy sector and could be positive forces in the transition. i was late there is no place for disinformation in this, but i believe many companies are moving away from that and moving in a more positive direction. a more positive direction. maybe it will shave the a more positive direction. maybe it will shave the into a more positive direction. maybe it will shave the into doing a more positive direction. maybe it will shave the into doing more - a more positive direction. maybe it will shave the into doing more fo
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