Oil and Gas Climate Initiative announces progress toward methane target, new initiative. - GoHaynesvilleShale.com2024-03-28T12:18:49Zhttps://gohaynesvilleshale.com/forum/topics/oil-and-gas-climate-initiative-announces-progress-toward-methane?feed=yes&xn_auth=noThe oil majors take a long te…tag:gohaynesvilleshale.com,2019-09-25:2117179:Comment:38565292019-09-25T01:38:44.867ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>The oil majors take a long term view and know that the viability of their business models require a public admission that man made climate change is real and a threat to the world economies. Carbon capture and sequestration, emissions reductions and a carbon tax would give them some measure of assurance that they could continue with their business plans as long as possible. Doing nothing risks getting saddled with regulations that would be much more disruptive. Good to see that US majors…</p>
<p>The oil majors take a long term view and know that the viability of their business models require a public admission that man made climate change is real and a threat to the world economies. Carbon capture and sequestration, emissions reductions and a carbon tax would give them some measure of assurance that they could continue with their business plans as long as possible. Doing nothing risks getting saddled with regulations that would be much more disruptive. Good to see that US majors are now on board with their global counterparts.</p>