Top business leaders at Davos aren’t holding back in their defense of green energy. (CNBC)
CEO of mega-insurer Allianz Oliver Bäte called criticism of net-zero goals in Europe "bullsh*t," while founder of mining giant Fortescue Andrew Forrest called for “real zero,” a goal his company has to “simply stopping the burning of fossil fuel” by the end of the decade.
Between the lines: The comments were a direct rebuttal to the mood at the World Economic Forum, where many businesses are retreating from climate action to avoid being labeled "woke,” as Forrest put it. See also: President Trump’s speech mocking wind energy and dismissing climate change as a hoax.