Oil and gas industry has ‘historic opportunity’ to push for sustainable future: UK minister

  • Date: 12-Nov-2020
  • Source: Arabian Industry
  • Sector:Oil & Gas
  • Country:Middle East
  • Who else needs to know?

Oil and gas industry has ‘historic opportunity’ to push for sustainable future: UK minister

The global oil and gas industry has an “historic opportunity” to lay the foundations for a more sustainable future, UK minister for exports, Graham Stuart, said at the Abu Dhabi International Petroleum and Conference (ADIPEC) 2020 Virtual. Stuart made the comment as he warned “the price of inaction could not be greater as we face an existential battle to keep global mean temperature below 2℃.”Stressing the world's transition to clean power needs to speed up by four times its current rate, Stuart said: “We owe it to future generations to confront the cause and the impact of climate change – and the adoption of clean energy is central to achieving this goal,”“The