Today, global warming is an existential crisis facing our planet and all of its inhabitants. Climate science tells us that if global average temperatures rise more than 1.5°C above pre-industrial levels, the impact could become catastrophic and irreversible.
In the oil and gas industry, we are all aware of the very real impact the climate crisis is having on society and the planet. Whilst we provide energy for the world to prosper, the way most of this energy is produced as well as consumed, is ultimately leading to climate change.
Whilst we continue to develop clean energy solutions, the reality is that ~56% of the global energy mix continues to come from hydrocarbons, and it will take years, if not decades, before the balance shifts to cleaner sources.