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
25 April 2024
Carbon capture rates forecast to rise steadily from end of decade, but policy tools to drive large-scale deployment have yet to take shape, according to DNV
23 April 2024
Europe must unlock cross-border CO₂ trade if it wants to build a viable CCS sector for the long term
16 April 2024
US and European oil majors snap up smaller players and look to accelerate development in a region deemed to possess all the key elements for successful CCUS deployment
15 April 2024
Demand for credits seen rising 20% this year despite issues around integrity and standardisation