Can oil and gas companies help make the transition to clean energy?

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Can oil and gas companies help make the transition to clean energy?
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These energy leaders disagree over how to deal with coal. JDefteriosCNN's panel at the World Economic Forum explored how to phase out coal in a way that doesn't hit the world's poor the hardest.

Davos, Switzerland The climate crisis has dominated the World Economic Forum's 50th annual conference in Davos, Switzerland.

Greta Thunberg, the 17-year-old Swedish climate change activist, took top billing alongside US President Donald Trump, and the WEF asked all companies present to commit to net zero carbon emissions by 2050. Concerns about the environment filled the top five places of World Economic Forum's annual risks report for the first time in its history.At the start of a new decade, a real transition away from fossil fuels is beginning to gather traction.

Quitting coal is India's energy challenge 02:55"Coal in Asia is the problem -- it's not even coal everywhere else," said Christiana Figueres, former UN climate chief and founding partner of Global Optimism, an enterprise focused on social and environmental change.

The Global Energy Challenge: United Kingdom 24:24Perhaps the best barometer in the energy sector itself is to follow the money trail. Of the nearly $2 trillion spent on overall energy investment in 2018, $355 billion went into solar and wind power generation, battery storage and nuclear power, according to the Paris-based International Energy Agency's 2019 world energy investment report.

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