The need to limit climate change requires radical action
The oil industry’s role in the transition to a low carbon economy is critical
The move to a low carbon economy raises some difficult challenges for oil and gas executives as they anticipate and position themselves in the energy industry of the future. That’s why we asked Beth Mitchell, specialist analyst for oil and gas sector, to assess the risks, challenges and opportunities for the oil and gas industry when facing the energy transition. It will be the first of a series of articles and videos on the topic, answering the questions on the minds of all energy executives.
The global economy needs to be more transparent about how they plan to change their operations as part of the global shift to a low-carbon economy in order to keep global warming below 2 degrees. The oil and gas industry will play a huge role in that transition.
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