Chiefs of global energy companies including BP, Shell, Total and Eni have called on world leaders to recognise the role natural gas can play in a low-carbon economy and urged to adopt a carbon pricing scheme in all countries ahead of UN talks in Paris.
In a letter published on the Financial Times, the bosses of six major energy firms have said, “As a group of business people, we are united in our concern about the challenge — and the threat — posed by climate change. We urge governments to take decisive action at December’s UN summit.
“We are also united in believing such action should recognise the vital roles of natural gas and carbon pricing in helping to meet the world’s demand for energy more sustainably.”
Signatories include BP’s Bob Dudley, Shell boss Ben van Beurden and chief of Eni Claudio Descalzi.
The letter also stresses that natural gas already is a “flexible partner” of renewable energy in reducing carbon emissions and that it can help deliver energy that is cleaner than oil and coal. But the signatories also make clear that they do not want a ‘special treatment’ for certain energy sources.
“Our request to policy makers as they prepare for the UN talks is not to ask for special treatment for any resource, including natural gas, or any single route to a lower-carbon future. It is rather to ensure that the outcome of these talks leads to widespread carbon pricing in all countries”, the letter states.
Commenting on the letter, Mark Kenber, CEO of the Climate Group, said, “This is a symbolic moment, and demonstrates an important if not universal shift. It reflects a growing realisation within influential sectors of the fossil fuel industry of a need to adapt to both market and climate realities.”
Last week, the World Energy Council (WEC), representing the world’s major energy firms, called for new and clearer climate targets to boost low-carbon investment.
Photo: Martin Nikolaj Bech via flickr
We’re live on Crowdcube. To own a share in our tomorrow, click here.
Like our Facebook Page
Prominent Trends in Seafood Sustainability in 2022
Can PEMF Help To Improve Plant Growth for Eco-Friendly Gardeners
How the U.S. Government is Promoting Green Energy in the Country
12 Essential Things for Buying Your First Home
Harnessing Sustainability with User-Centric Technology Innovation
Making Your Dream of Having an Eco-Friendly Garden Come True
Tips for Optimal Waste Management in Your Home
The Agricultural Benefits of Weather Stations for Eco-Friendly Farmers
What Makes Online Furniture Eco-Friendly?
How Eco-Friendly Indian Tourists Can Apply for Visas to Brazil
7 Eco-Friendly Plant-Based Alternatives for Everyday Products
Teaching Them While They’re Young: Sustainability Tips for All Ages
Top 5 Benefits of Eco-Friendly Cars
Why Eco-Friendly Homes Should Have Outdoor Bathrooms
Merits of Sustainability Reporting: What Every Manager Must Know
Low Emission and Clean Air Zones: What You Need To Know
4 Ways To Build A Sustainable Home
Why Transitioning Your Company to an EV Fleet Makes Sense?
CEO Brian Ladin Explains How The Shipping Industry Is Going Green
A Guide to Eco-Friendly Landscaping
- Features11 months ago
Seven Health and Safety Tips for Eco-Friendly Products in a Green Home
- Energy11 months ago
Eco-Friendly Homeowners Lower Carbon Footprints through Greater Air Conditioner Efficiency
- Features10 months ago
Essential Guidelines for Eco-friendly Moving into new Home
- Features10 months ago
5 Compelling Reasons to Hire an Eco-Friendly Contractor