No magic bullet to get us to net-zero carbon—IP Week
Too much weight is being put on CCS and offsets to decarbonise the energy sector
There is no single technology that will help the world achieve net-zero carbon, so the oil and gas industry needs to apply a range of technologies rather than focusing on a few, delegates heard at IP Week today. Speaking on a panel assembled to discuss the global campaign to achieve net-zero emissions, president and CEO of Norway’s Equinor Anders Opedal said the industry has the perfect opportunity to introduce collaborative technologies into the infrastructure for renewables, carbon capture and storage (CCS), and hydrogen while they are in their early stages—but there is no technology in particular that the industry should focus on. “At Equinor, when we talk about technology to decarbonise,
Also in this section
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
18 November 2025
Vicki Hollub, president and CEO of Occidental, has been selected as the 2026 recipient of the Dewhurst Award, the highest honour bestowed by WPC Energy. The Dewhurst Award celebrates exceptional leadership, groundbreaking innovation and a lifetime of significant achievements in sup-port of the development and advancement of the energy industry.
11 November 2025
Transition policies must recognise that significant industrial demand for carbon will continue even as economies hit net zero
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
