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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)

CHAPTER

Just Transition Is Not Just a Word

We can't expect the same pace of change on the transition across various regions, right? If you look at a road and you want to run a formula one race because you're in a hurry to get completed, then you need a formula one track for it. But if you're in an emerging market where the same road is being shared by multiple users who are traveling at different pace, then the speed limit has to be lower. Otherwise, you will have a complete crash out there. And so, you just need to adjust the pace of change to make sure that the wider set of stakeholders in that location are able to come along with it rather than cause chaos. This has the potential to

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