This is the best tl;dr I could make, original reduced by 66%. (I'm a bot)

> As the sound of climate protesters reverberated through the conference room, BP Plc Chief Executive Officer Bernard Looney made the case that investment in more oil and gas is crucial for the transition away from those very fuels.

> The executive's pitch at the event - one of the city's biggest fossil fuel conferences - follows the company's recent announcement that it would cut oil and gas production more slowly than expected this decade.

> For the first time last year, investment in clean energy matched funding for fossil fuels, according to BloombergNEF. Still, the world is far behind a trajectory of emissions cuts that would enable it to reach the goals set out in the 2015 Paris climate agreement and prevent the worst impacts of global warming.

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