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.
17 Sep 2018
- Calgary, Alberta, Canada
Plan to attend!
11 Nov 2018
- Abu Dhabi, UAE
Plan to attend.
13 - 14 Aug 2018
- Kota Kinabalu, Malaysia
Join us to discuss the industry’s best practices and advancements in offshore contaminated gas development.
2 - 3 Aug 2018
- Kuala Lumpur, Malaysia
14 Aug 2018
- The Woodlands, Texas, USA
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.
©2003-2018 Society of Petroleum Engineers, All Rights Reserved.