The Biden administration's goal of carbon-free electricity generation by 2035 will require a major overhaul of the U.S. energy sector. Various industry experts shared their perspectives on how it might work.
Oil and gas companies must look beyond fossil fuels to remain in business.A a view of a pump jack operating in an oil field in Midland, Texas. A U.N.-backed study has found that the world needs to cut by more than half its production of coal, oil and gas in the coming decade to maintain a chance of keeping global warming from reaching dangerous levels.A a view of a pump jack operating in an oil field in Midland, Texas. A U.N.
"Some of the big European oil and gas companies shifting to being energy companies and focusing on some of the things that they do well that correspond to a fossil fuel-free world - for instance, oil and gas companies focusing on offshore wind because they're good at operating in the offshore. The question is how quickly those companies adapt. If they don't, they may not make it."Because they're incredibly useful.
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