This week, the world’s most influential fossil-fuels conference, which has been dubbed the “Coachella of oil”, featured an industry displaying outward glee but barely managing to conceal its anxiety.
As recently as last year, sustainability was a major focus at the annual Houston convention, known as CeraWeek, with fossil-fuel companies touting climate plans. But in the wake of Donald Trump’s re-election, the industry is undergoing a vibe shift, forgoing talk of the energy transition and instead parroting the president’s focus on energy “dominance”.
