John Kerry’s warning to Big Oil: Embrace change or be on the wrong side of this battle – CNN

New York (CNN Business)John Kerry had some tough talk for the leaders of Big Oil. The message: embrace clean energy or get left behind.

“You don’t want to be sitting there with a lot of stranded assets. You’re gonna wind up on the wrong side of this battle,” Kerry said Tuesday at the energy conference CERAWeek by IHS Markit.

“They ought to be figuring out how do we become not an oil-and-gas company, but how do we become an energy company,” Kerry said.

John Kerry’s warning to Big Oil: Embrace change or be on the wrong side of this battle – CNN