PE Live: Societal attitudes key to energy transition
Energy companies are increasingly engaged in decarbonisation—but this must be underpinned by behavioural change and action by elected representatives
While energy companies are on the frontline of the climate change debate, they can act only in accordance with the wishes of society—expressed in behaviour, investment choices and electoral preferences—a panel of experts determined on a PE Live webcast last week. “There is clearly a very strong sentiment coming from societal pressure, successful activism and now government policy, to decarbonise much faster, in line with the Paris climate accord,” says Stuart Broadley, CEO of intelligence provider Energy Industries Council. However, he notes that the level of pressure varies around the world. “Climate change is a global issue,” says William Zimmern, head of energy transition and system analy
Also in this section
10 May 2024
Launch of project powered by geothermal energy in Iceland marks step forward in push to scale up expensive direct-air-capture technology
8 May 2024
Allowance prices rise 34% since start of year as regulator imposes tighter limits and considers reduction of free allocations
7 May 2024
Policymakers should consider backing enhanced weathering as a CDR technique with benefits to the agricultural sector
3 May 2024
Developers look to government’s forthcoming budget to restore support as industry suffers loss of momentum