Chevron CEO Warns That Premature Transition to Low-Carbon Would Be ‘Painful and Chaotic’

Chevron CEO Warns That Premature Transition to Low-Carbon Would Be ‘Painful and Chaotic’
Michael Wirth, Chairman and CEO Chevron Corp., speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York on March 1, 2022. Brendan McDermid/Reuters
Tom Ozimek
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Chevron CEO Mike Wirth said that maintaining secure and affordable energy supplies amid the push to decarbonize is one of the biggest challenges of the day while warning that a premature shift to low-carbon risks a disorderly transition that would be “painful and chaotic.”

Wirth made the remarks during Monday’s session of S&P Global’s CERAWeek conference in Houston, Texas, one of the biggest annual events for the energy industry.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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