Carbon capture and sequestration (CCS) is recognized as an important decarbonization tool, yet opposition is mounting. Companies must build support for this resource as the energy transition unfolds.
At first glance, it may seem as if investors are pumping the brakes on climate proposals, but hawkeyed executives will recognize that activist investors are finding innovative ways to pressure companies and drive change.
Environmental justice (EJ) should be on the mind of game-changing oil and gas leaders. That’s why my colleague Anne Carto is guest-authoring today’s primer. If you thought EJ was someone else’s responsibility, read on to understand why you — like every other oil and gas leader — need to get familiar with the expectations and social risks around your company’s EJ strategy.
Ever since Russia invaded Ukraine, many energy observers have predicted that the renewed global focus on energy security means the global focus on climate change is over. My view is very different: I look at this moment as an opportunity for oil and gas leadership to respond to a range of social and financial pressures for cleaner energy — pressures that will only intensify.
At CERAWeek earlier this month, Special Presidential Envoy for Climate John Kerry and U.S. Energy Secretary Jennifer Granholm spoke for the first time in their Biden administration roles about the importance of U.S. oil and gas in the context of overall U.S. energy security. Game-changing oil and gas leaders are not squandering the opportunity this rhetorical shift has created.