Focus on Cost-effective Emission Reduction

The focus should be on preserving existing infrastructure and industrial processes while reducing or eliminating emissions, as this is a cost-effective solution for society. The key challenge is to stay focused on the problem statement of emission reduction and elimination, and to find the most economically sensible way to achieve this goal. This could involve eliminating the combustion of oil and gas products or the emissions associated with that combustion. The focus should be on achieving the lowest costs for society while continuing to meet the needs and benefits enjoyed today. When investing in low carbon solutions, the approach should start with the opportunity set rather than a predefined budget, considering the relative size of the businesses as they exist today.