It is not a given that any company will be around in 10 years. That’s why I’ve written my forthcoming book, Real Decarbonization: How Oil and Gas Companies Are Seizing the Low-Carbon Future.
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.
I’ve talked to dozens of oil and gas executives for my upcoming book — and the more conversations I have and the deeper I get into the writing, the more I realize that every single component of your company’s energy transition strategy needs to be about people.
Nothing makes me want to put my head in my hands like imagining the U.S. Security Exchange Commission’s (SEC) anticipated “consistent, comparable, and reliable” rules on climate-related financial disclosures. Yet the more our team at Adamantine digs into this, the more opportunity we see for game-changing oil and gas companies.
When it comes to policy, we all buy into the adage, “If you’re not at the table, you’re on the menu.” But what’s worse than being on the menu? Not being in the restaurant at all. That’s what’s happening with the current opposition we’re seeing to “blue hydrogen,” which should be a stark warning to game-changing industry leaders.
I repeatedly find myself in conversations where I start somewhere “in the middle” on what oil and gas companies need to do to thrive in a time of continuous disruption: engage millennials, share aspirations, take the leadership mantle. And company leaders want to do with me what they are doing with the skeptical public: explain the need for energy and why the world needs them.