Wintershall Dea sets tough decarbonisation targets

The gas-focused German producer has challenging ambitions on both CO₂ and CH₄

Oil and gas firms face a difficult conundrum in the years to come. It is imperative they maintain their licences to operate to produce—and, as any reduction in oil demand is likely to be outstripped in the short term by decline rates from existing output, develop—the hydrocarbons resources the world will still require even as the energy transition gathers pace. But they must also convince investors and wider society that they are committed to being part of the solution rather than a relic of the problem. Wintershall Dea aims to do this by setting itself material goals to shrink its greenhouse gas (GHG) footprint, the firm’s COO Dawn Summers tells Transition Economist.    “Tackling climate ch