Shell boss Ben van Beurden has told an OPEC meeting that traditional energy sources must integrate and work together with clean technologies to provide sustainable and economically-sensible power for the future.
Speaking in Vienna on Thursday, van Beurden said that the global energy system is going through a transition from coal and oil to a low-carbon model, where natural gas, renewables and carbon capture and storage (CCS) technology play a key role.
“In a world where, as we heard recently, Saudi Arabia has ambitions to become a ‘global power in solar and wind energy’, the vision of a long-term future powered in the main by renewables is one none of us can ignore,” he said.
“It’s also a vision I would encourage all OPEC members to take seriously. Not least because I believe twenty years from now, if we don’t act, global public opinion will be unforgiving.”
The Shell CEO also noted that with the global population increasing, energy demand will rise by 40% over the next 25 years, according to the International Energy Agency. At the same time, the challenges posed by climate change will require a drastic reduction of greenhouse gas emissions.
“In essence, we need to provide more energy, with far fewer emissions. To tackle poverty and climate change at the same time,” he said.
Shell is among the energy giants that have called for a strong climate agreement ahead of UN talks in Paris later this year. In a letter published on the Financial Times, CEOs of European major energy firms called for an effective carbon pricing system.
Van Beurden also said, “The energy transition is not about one system replacing another. It’s about finding a way of integrating the old and the new systems. The two evolving alongside each other – and complementing each other.
“The final thing we need to do – and by ‘we’ I mean governments, business and civil society – is to learn to work better together.”
Meanwhile, US oil giants have said they would not follow the move of their European counterparts in demanding climate measures.
Exxon CEO Rex Tillerson said he still thinks data about rising temperatures are “unclear” and added the company would not “fake” a view on climate change.
Photo: mcmees24 via Flickr
We’re live on Crowdcube. To own a share in our tomorrow, click here.
Like our Facebook Page
How Can Technology Help You To Lead A Sustainable Lifestyle?
4 Factors That Can Save The Environment Along With Going Paperless
How Peer to Peer Works On Eco-Friendly Trading Platforms
5 Questions Eco-Friendly Entrepreneurs Need To Ask Unhappy Employees
Is Trade Good or Bad for the Environment (Examples and Laws)
7 Best Investments to Make for an Eco-Friendly Business
4 Tips For Choosing An Eco-Friendly Home Backup Power Source
10 Things To Consider When Choosing A Home Solar Company
5 Sustainable Ways Of Disposing Building And Demolition Waste
Why 2022 Is Your Last Chance to Get a 26% Return on Your Solar Kit
Low Emission and Clean Air Zones: What You Need To Know
A Guide to Eco-Friendly Landscaping
Zero Waste Living and Its Importance
12 Essential Things for Buying Your First Home
How the U.S. Government is Promoting Green Energy in the Country
Harnessing Sustainability with User-Centric Technology Innovation
Tips for Optimal Waste Management in Your Home
Is It Possible to Work in Tech Without Harming the Planet?
Making Your Dream of Having an Eco-Friendly Garden Come True
Hypermiling: The 3 Ways To Drive Your Car For Maximum Fuel Efficiency
- Features11 months ago
Seven Health and Safety Tips for Eco-Friendly Products in a Green Home
- Energy12 months ago
Eco-Friendly Homeowners Lower Carbon Footprints through Greater Air Conditioner Efficiency
- Features11 months ago
Essential Guidelines for Eco-friendly Moving into new Home
- Features10 months ago
5 Compelling Reasons to Hire an Eco-Friendly Contractor