Take risks for climate or it's just blah, blah - Eni chief

Descalzi says Eni doing this with its Sustainable Bonds

(ANSA) - ROME, OCT 25 - Eni CEO Claudio Descalzi said Monday that If industry does not take risks to deliver on climate commitments, Greta Thunberg will have been right to accuse business and political leaders of producing lots of "blah, blah, blah" and no real action.
    "If we tell stories that no one can see, it's just 'blah, blah, blah,'" the head of Italian oil-and-gas giant told a group of people obtaining their doctorates at Milan's Bicocca University.
    "We must take person risks now in order to be credible.
    "That is the only way to make the talk true and credible.
    "I probably won't be around after 2030 and words must be followed by deeds.
    "We took the risk the the Sustainable Bonds because we believe in our transition plan and wanted to give them an economic reason.
    "Otherwise it is just words".
    Experts say the burning of fossil fuels like oil and gas is the biggest driving force of the climate crisis. (ANSA).


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