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On the ground at CERAWeek: Where the energy world stands on the low-carbon transition

All Things Sustainable (formerly ESG Insider)

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Is There a New Phase of Globalization?

In the last 10 years, we have started to see a new phase of globalization. This one, I think, will continue to be regional. Part of it is things like ESG, part of it is the responses to climate change. So I do think what we're going to find in energy as well as a whole host of industries is that unless you're willing to subsidize industries indefinitely, the benefits of internationalization won't go away.

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