3min chapter

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Managing Uncertainty: The Scenario Shell Game - Ep106: László Varró

Cleaning Up: Leadership in an Age of Climate Change

CHAPTER

The IEA's Net Zero Roadmap for Oil and Gas Investment

The IEA says you don't need to develop any new fields beyond the ones that were under consideration in 2021. They didn't say you don't increase investment, they actually said you decrease it very substantially. The current level of oil and gas investment after the brutal investment cuts is pretty well in line what it should happen in a net zero trajectory. "Very powerful political decision makers are putting pressure on the industry to invest more"

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