BP CEO Bob Dudley strongly criticized oil and gas critics’ calls for investors to sell their holdings in fossil fuel companies and invest in renewable alternatives instead. “They push for potentially confusing disclosures, raise the specter of a systemic risk to the financial system from stranded assets and campaign for divestment—all in an effort to squeeze oil and gas out of the fuel mix,” he said during an Oct. 10 address to the 2018 Oil & Money conference in London.

Source: News