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Oil companies appear willing to do more in face of climate change

Glass office building with Shell logo
The Shell Technology Centre in Bangalore, India, a research hub for the company to pioneer green energy technology. Photo: Manjunath Kiran/AFP/Getty Images

Oil companies of many stripes have gone out of their way to talk about climate change at CERAWeek, the big oil industry conference in Houston — reflecting a significant shift in the industry.

Why it matters: Years ago the struggle between climate change activists and oil companies was around the underlying science and getting companies to accept the role that fossil fuels play and that action is necessary. Now the call throughout the oil and gas sector is to become part of the solution.