The Oil Industry and the 20 Gugeton Challenge

The oil and gas industry can, of course, decarbonize quicker themselves, but they can also help others achieve their decarbonization efforts. The good thing with this industry we know how to solve the problems, but we also know that an enabling policy environment will accelerate he change. Important thing is ta price on carbon. In some countries, 50 dollars per ton will drive change. And in my own country, norway, the plan now is to increase that to nearly 200 dollars by 20 30. That is driving change. Now, the one and the four gigat on challenge is both about improving the existing energies te what we need to do is build the future energy system new solutions