Oil bosses call phasing out fossil fuels a ‘fantasy’ – but an international agreement is plausible

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Oil bosses call phasing out fossil fuels a ‘fantasy’ – but an international agreement is plausible

Ronnie Chua/ShutterstockAmin Nasser, chief executive of the world’s largest oil company Saudi Aramco, recently called on nations to “abandon the fantasy” to phase out fossil fuels, adding that the transition to renewable energy sources is “visibly failing”. However, the latest science on climate change is unequivocal: the world must eliminate fossil fuel-based energy systems – and fast. Such a phase-out requires international cooperation to rest…