Eldar Saetre, CEO of Norwegian oil and gas company Equinor, said that it was not a “wise approach” to seek to resolve complex issues involving energy and climate change through the legal system. “The best way for us is to work with our partners in other countries who are also working on these issues,” he said. Equinor is a partner with Exxon in various projects, but is not involved in the lawsuit.
Eldar Saetre, CEO of Norwegian oil and gas company Equinor, said that it was not a “wise approach” to seek to resolve complex issues involving energy and climate change through the legal system. Saetre’s remarks were made in response to a lawsuit filed by New York against Exxon Mobil on 24 October which alleged that the oil firm misled investors about the risks of climate change for its business. Equinor is a partner with Exxon in various projects, but is not involved in the lawsuit.