Oil firms risk public backlash if profits put before climate, says IEA

Some companies have taken steps to combat crisis but report says more could be done

The world's energy watchdog has warned the oil and gas industry that it risks a public backlash by failing to act on the climate crisis in favour of making short-term profits.

The International Energy Agency (IEA) said oil companies must balance their desire for near-term returns and a long-term future by playing a much more significant role in combating the climate crisis.