Attempts to cut investment in oil and gas to combat climate change are “misguided,” OPEC Secretary-General Mohammad Barkindo told an energy conference on Wednesday, arguing that producers have a critical role to play during the transition to cleaner fuels. Speaking at the World Petroleum Congress in Houston via webcast, Barkindo took up the themes of several earlier speakers at the conference, arguing a lack of investment in fossil fuels could lead to energy shortages, market imbalances and higher prices. “If the necessary investments are not met, it could have knock on implications and leave long-term scars, particularly for security of supply – affecting not only producers but consumers too,” said Barkindo. Speakers at the four-day conference this week have offered their own dire counterpoint to last month’s COP26 climate change […]