The future is now: How oil and gas companies can decarbonize
As the pressure to act on climate change builds, the industry should consider a range of options. If the world is to come anywhere near to meeting its climate-change goals, the oil and gas (O&G) industry will have to play a big part (Exhibit 1). The industry’s operations account for 9 percent of all human-made greenhouse-gas (GHG) emissions. In addition, it produces the fuels that create another 33 percent of global emissions (Exhibit 2). Exhibit 1 Exhibit 2 Several trends are focusing the minds of industry