‘They Don’t Understand’: Kravis Rebukes Climate Protesters (1)

KKR & Co. co-founder Henry Kravis pushed back against climate activists who interrupted a speech to criticize the firm’s fossil-fuel investments, saying they underestimate the difficulty of shifting the economy to clean energy.

Kravis was speaking on a panel at the Conference of Montreal on Monday when protesters walked to a podium on stage and accused him of “burning Canada.” KKR owns a stake in Coastal GasLink, a controversial pipeline project in Western Canada that will supply gas to a huge liquefied natural gas facility on the coast of British Columbia.

Henry Kravis

Photographer: Jeenah Moon/Bloomberg

“They don’t understand the facts,” Kravis, ...