After a two-year hiatus due to the coronavirus pandemic, the annual conference returns to Houston Monday.Carlos Pascual, a former U.S. ambassador to Mexico and Ukraine
We sat down with Pascual to talk about how energy companies are progressing toward net-zero greenhouse gas emissions in the decades ahead, and what the Russian invasion of Ukraine could mean for the future of not only the energy system but the global economy. Q: We’ve had a number of wars in recent decades, many in the Middle East. Why are the stakes for energy and the larger world so much higher here?Russia is such a critical component of the global economy. It’s a major supplier of gas to Europe and one of the three largest oil suppliers in the world. For Russia to stop exporting its oil would have massive impact on global energy prices.
Q: Some people think it’s happening already, that this recent price spike is driven in part by under investment in oil and gas? Do you agree?There are many factors effecting volatility in the market, not least of which is the recovery from the pandemic. In 2021, we saw an unprecedented increase in demand, and the challenge is can supply keep up with that pace. Investors are inevitably going to be guided by long term perspectives that are affected by ESG factors like climate change.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
ソース: Reuters - 🏆 2. / 97 続きを読む »
ソース: CNBC - 🏆 12. / 72 続きを読む »