To reduce emissions and provide affordable electricity, the world needs to burn more fossil fuels, not less.
That’s the message being delivered by the world’s biggest energy companies at the World Gas Conference in Washington, where they championed natural gas as the fuel of the future rather than one that simply bridges the gap toward renewables.
The world is facing the twin challenge of growing power supply—which Royal Dutch Shell says needs to increase five times over the next 50 years—and reducing emissions to meet climate change targets. Energy companies see gas doing double duty: It has half the carbon emissions of coal when used in power generation, is abundant, and is relatively inexpensive.
The “big challenge for us in the industry is helping people recognize gas as a destination fuel, not just a transition fuel,” BP Chief Executive Officer Bob Dudley said during a panel discussion. “There’s another camp, a surprising camp, that is intent on discrediting gas as an option.”
Read the full story here.
Don't miss our latest HSE content, delivered to your inbox twice monthly. Sign up for the HSE Now newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.
20 - 22 Oct 2020
- Perth, Australia
Abstract Submission deadline 13 January 2020
29 Jan 2020 22:30 GMT
- Live, then On Demand
19 - 20 Feb 2020
- Lafayette, Louisiana, USA
Covering issues related to the identification, prevention, and remediation of formation damage
22 Apr 2020
- Bergen, Norway
The SPE Norway Subsurface Conference brings together the E&P industry to expand industry technical knowledge, connect with innovators and leaders and address technical challenges facing upstream oil and gas professionals.
13 - 15 Jan 2020
- Dhahran, Saudi Arabia
Plan to participate at this unique event
HSE Now is a source for news and technical information affecting the health, safety, security, environment, and social responsibility discipline of the upstream oil and gas industry.
©2003-2019 Society of Petroleum Engineers, All Rights Reserved.