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
10 June 2025
Eni’s CCUS deal with BlackRock’s Global Infrastructure Partners reflects a growing belief among big investors in the CCUS growth story
3 June 2025
Africa faces challenges in adopting CCS but also has vast potential, with the technology being not just a climate tool but a catalyst for development
2 June 2025
Rather than a simple climate option, CCS is now being seen as a workable solution for Africa’s growth strategy
27 May 2025
EU Parliament and Council both agree to exempt bulk of importers from paying a carbon tax on goods imported into the EU