Full Title: In a Warming World, How Should Big Oil Navigate the Future?
Author(s): Maurice Berns, Christophe Brognaux, Alex Dewar, Marco Duso, and Bas Sudmeijer
Publisher(s): Boston Consulting Group
Publication Date: April 1, 2019
Full Text: Download Resource
Description (excerpt):
It has been three years since the signing of the Paris Agreement, which committed nearly 200 countries to the goal of limiting global warming to “well below 2 degrees Celsius.” Since then, concerns about climate change have grown in both intensity and scope, expanding beyond the ways in which government policies can minimize warming to the role of companies in generating greenhouse gas (GHG) emissions. With the production and consumption of oil and natural gas products accounting for more than 40% of global GHG emissions, oil and gas companies are confronted with mounting pressure for change.