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Ben Geman Mar 7
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Big Oil and OPEC try to seize climate narrative

Oil refinery
Photo: Ali Al-Saadi / AFP via Getty Images

Some of the most powerful figures in global energy markets sent a clear signal in Houston early this week: The world will and should move to a lower-carbon future — but on their terms.

What they're saying: OPEC Secretary General Mohammed Barkindo, in repeated appearances, has warned against overemphasis on specific energy sources. He instead called for focus on technology that reduces emissions from heavy use of fossil fuels (his members' products) that he says will dominate energy markets for decades to come.