In Good Company with Nicolai Tangen Patrick Pouyanné CEO of TotalEnergies
8 snips
Mar 9, 2023 
Patrick Pouyanné, Chairman and CEO of TotalEnergies, shares his insights on the energy transition and the complexities of achieving net zero by 2050. He discusses the paradox of high energy profits amidst rising consumer costs and emphasizes the need for reliable, affordable energy options, particularly for emerging economies. Pouyanné reveals intriguing anecdotes about his past interactions with Vladimir Putin, touching on the geopolitical impacts of the Ukraine invasion. He also offers advice for young professionals navigating their careers while balancing personal relationships.
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Energy Policy Pillars
- Energy policy must balance reliability, affordability, and sustainability.
- Affordability is crucial, especially in emerging countries where energy access is fundamental for development.
Profit Paradox
- Record profits during an energy crisis create a paradox.
- It leads to public perception of profiteering at the expense of affordability.
Investing in Transition
- Divesting from energy companies hinders the transition.
- These companies generate cash from hydrocarbons to reinvest in renewables.