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API's CEO Defends Fossil Fuels Amid Carbon Tax Divide

6/27/2025

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Summary

Story summary

Mike Sommers, CEO of the American Petroleum Institute, passionately defended fossil fuels, dismissing calls for a transition away from them. He challenged the International Energy Agency's oil demand forecasts, urging for stronger leadership. In contrast, a global survey revealed a divided opinion on carbon taxes, highlighting stark partisan differences within the U.S.

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Story summary

Mike Sommers, CEO of the American Petroleum Institute, passionately defended fossil fuels, dismissing calls for a transition away from them. He challenged the International Energy Agency's oil demand forecasts, urging for stronger leadership. In contrast, a global survey revealed a divided opinion on carbon taxes, highlighting stark partisan differences within the U.S.