A categorical aversion to fossil fuels is holding back pragmatic efforts to manage the energy transition in shipping, leading investors and finance figures told an Oslo panel.
All-or-nothing thinkers who reject all fossil fuel-related investments are “the most disappointing stakeholders we deal with”, said Jan Erik Klepsland, investment director of John Fredriksen-controlled Seatankers Management.
“They think of shipping and oil and gas as tobacco,” he said.
