Bjorn Otto Sverdrup

Bjorn Otto Sverdrup, chair of the Oil and Gas Climate Initiative, and Gernot Wagner, a climate economist, dive into the oil and gas industry's role in the energy transition. They discuss how the industry can leverage its resources to develop cleaner technologies while tackling methane emissions urgently. Sverdrup emphasizes immediate actions, while Wagner warns against short-term fixes that may hinder ambitious long-term targets. Their conversation highlights the challenges and necessity of balancing immediate solutions with overarching sustainability goals.

Bjørn Otto Sverdrup, leader of the Oil and Gas Climate Initiative, discusses how major oil and gas companies can significantly lower carbon emissions. He outlines a pragmatic approach to achieving net-zero operations while still addressing the sector's energy demands. The conversation touches on the '1-4 challenge' for reducing CO2 emissions and emphasizes the necessity of collaboration and ambitious policy support. Sverdrup also highlights the industry's shift towards renewable energy to gain public trust and fulfill climate commitments.