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Stop Demonizing Fossil Fuel Companies, Warns Global Bank Chief

2016-01-21 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Huffington Post: Stuart Gulliver, the boss of global bank HBSC, has made an impassioned plea to activists to stop demonizing the fossil fuel companies. Speaking at the World Economic Forum in Davos on Wednesday, Gulliver said it was "dangerous' to think that society should abandon the oil, gas and coal industry. He warned of disastrous unintended consequences, in particular for developing countries, if the sector were ostracized, given that it is responsible for a huge numbers of jobs, money for pensions and...

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