Leading US Bank calls for renewed fossil fuel support as Tesla shifts industry to sustainables

The Annual World Economic Forum Annual Meeting in Davos, Switzerland took place recently. The Forum is a great opportunity for the world’s leaders to combine their knowledge and ideas in a way that will make our world more efficient. At a time when sustainable solutions are emerging at an accelerated rate thanks to companies like Tesla, it was a chance for leaders across numerous industries to establish their stance on the climate debate. A few big names were among the guests who were in attendance of the Davos meeting. U.S. President Donald Trump, Billionaire George Soros, German Chancellor Angela Merkel, and Environmentalist Greta Thunberg are few notable names who were present. During the event, Bank of America CEO Brian Moynihan suggested that oil companies need support now more than ever as the world begins its transition to more sustainable and environmentally-conscious forms of energy.