How to realistically decarbonize the oil and gas industry | Bjørn Otto Sverdrup
TED Climate
00:00
Should You Continue to Produce?
The world total expiration for new oileand gas has dropped nearly 55 % over the last years. It's in the lowest level in 16 years. Some companies are already guiding that. I think all the companies are recognizing that if we're going to meet the ambitions will paris agreement, or, you know, have a habitable climate, oil needs to decline. So how do you balance that? Do you you cannot really stop delivering a product that society isn't ready to use any more?"
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