"The climate crisis is a fossil fuel crisis, and the fossil fuel industry is the wealthiest and most powerful industry in the history of the world," Gore told Axios climate expert Andrew Freedman at Axios House Climate Week/UN General Assembly in New York City. He added: "They've proven they're way better at capturing politicians than capturing emissions."
Gore characterized the expectation that large energy companies will lead the transition away from fossil fuels as 'looking for love in all the wrong places.' He continued, 'The fossil fuel companies are not going to lead the way, and these banks and financial services companies are not going to do it unless they get a lot of pressure and policy changes.'
He noted another reason for the slow progress on climate policies: "It's hard," adding, "There are a lot of good people trapped in bad systems." He cited the landmark Inflation Reduction Act as a counter-example to the industry's influence.
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