World must use less energy – Dudley
Energy consumers must travel less and move to electric vehicles, according to the former BP CEO
Consumers will have to scale back their use of energy as part of the transition to a net-zero economy, according to former BP CEO Bob Dudley, now chair of international industry organisation the Oil and Gas Climate Initiative (OGCI). Consumers’ emissions have been a source of debate in recent months as some oil and gas firms claim responsibility for reducing scope three emissions—those that result from the combustion of fossil fuels—lies downstream from them. “People need to move to electric vehicles” Dudley, OGCI Shell CEO Ben Van Beurden has said the burden of demand-side emissions reductions should not be placed on supply-side firms. And Nick Walker, the CEO of Swedish independen
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
Recent project approvals have yielded millions of carbon credits linked to the plugging of the US' abandoned wells