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S2-EP 022 . Upscaling Production, Improving Efficiency, and Offsetting Emissions: Deciphering the Oil Majors’ Climate Strategies – A Conversation with Greg Trencher
Manage episode 381769295 series 2862389
Since 2020, not only some national governments but also many large multinational companies have announced their climate pledges - reaching net zero emissions by 2050. Among them are some oil and natural gas giants, such as BP, Shell, Chevron and ExxonMobil, which are the majors in the industry and the top contributors of the carbon emissions across the corporate world.
• How do we understand the majors’ mid-term and long-term climate strategies?
• Shall the end-users of oil and gas products, like the global consumers of conventional vehicles, share the responsibilities of burning dirty fuels, emitting carbon dioxide and causing climate change?
• Among regulating corporations by setting up a phase-out timeline of old technology, nudging consumers to change behavior, and subsidizing the growth of a new low-carbon technology, which option shall policy makers choose?
• Why is it controversial for the majors from both Europe and the United States to invest in large amount of carbon offset projects?
• Can the majors bet on the promised development of new technologies, like carbon capture and storage and direct air capture, and go through the energy transition in the long run?
In this episode, Dr. Gregory Trencher from Kyoto University in Japan shares his research findings and viewpoints based on a new paper which he co-authors with the other two scholars.
Further Reading: Trencher, G., Blondeel, M. and Asuka, J. (2023). Do all roads lead to Paris? Comparing pathways to net-zero by BP, Shell, Chevron and ExxonMobil. Climatic Change, 176, 83.
Access: https://link.springer.com/epdf/10.1007/s10584-023-03564-7?sharing_token=dvNVaGLdv_KAz5FFMnfFT_e4RwlQNchNByi7wbcMAY5d47vWLe-7NUah2sJ8amtONIx_6DNbZS-Ux9jIdwHqHp9jVCB68RK-96qeHy5tgfMDOkuPU-crNlM7_tp0QVsATBol9VNvWuW1djitKquffaUTZ1mebJBYjj9x0ENJJx4=
94 פרקים
Manage episode 381769295 series 2862389
Since 2020, not only some national governments but also many large multinational companies have announced their climate pledges - reaching net zero emissions by 2050. Among them are some oil and natural gas giants, such as BP, Shell, Chevron and ExxonMobil, which are the majors in the industry and the top contributors of the carbon emissions across the corporate world.
• How do we understand the majors’ mid-term and long-term climate strategies?
• Shall the end-users of oil and gas products, like the global consumers of conventional vehicles, share the responsibilities of burning dirty fuels, emitting carbon dioxide and causing climate change?
• Among regulating corporations by setting up a phase-out timeline of old technology, nudging consumers to change behavior, and subsidizing the growth of a new low-carbon technology, which option shall policy makers choose?
• Why is it controversial for the majors from both Europe and the United States to invest in large amount of carbon offset projects?
• Can the majors bet on the promised development of new technologies, like carbon capture and storage and direct air capture, and go through the energy transition in the long run?
In this episode, Dr. Gregory Trencher from Kyoto University in Japan shares his research findings and viewpoints based on a new paper which he co-authors with the other two scholars.
Further Reading: Trencher, G., Blondeel, M. and Asuka, J. (2023). Do all roads lead to Paris? Comparing pathways to net-zero by BP, Shell, Chevron and ExxonMobil. Climatic Change, 176, 83.
Access: https://link.springer.com/epdf/10.1007/s10584-023-03564-7?sharing_token=dvNVaGLdv_KAz5FFMnfFT_e4RwlQNchNByi7wbcMAY5d47vWLe-7NUah2sJ8amtONIx_6DNbZS-Ux9jIdwHqHp9jVCB68RK-96qeHy5tgfMDOkuPU-crNlM7_tp0QVsATBol9VNvWuW1djitKquffaUTZ1mebJBYjj9x0ENJJx4=
94 פרקים
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1 S2-EP 024 . The Future of Healthcare, COP28 Consensus and Climate Leadership - A Conversation with Sonia Roschnik 30:17

1 S2-EP 023 . Is 100% Renewable Energy System Closer to Us? – A Conversation with Mark Jacobson (Rebroadcasting S2-EP 014) 33:50

1 S2-EP 022 . Upscaling Production, Improving Efficiency, and Offsetting Emissions: Deciphering the Oil Majors’ Climate Strategies – A Conversation with Greg Trencher 37:18

1 S2-EP 021 . Industrial Policy vs. Carbon Pricing, Which Can Deliver? – A Conversation with David Driesen 33:33

1 S2-EP 020 . Can Africa Leapfrog in Mitigating Climate Change? – A Conversation with Jean-Benoit Fournier 31:26

1 S2-EP 019 . How Can E.U. De-risk the Critical Minerals Supply: A Conversation with Patrick Schröder 30:48

1 S2-EP 018 . Restructuring Supply Chains of Critical Minerals vs. Accelerating Clean Energy Transition: A Conversation with Marina Zhang 32:05

1 S2-EP 017 . How to Update the International Climate and Energy Cooperation Strategy Based on China’s Experience: A Conversation with Joanna Lewis 37:05

1 S2-EP 016 . Understanding the Impacts of Phasing out American Nuclear Power Generation - A Conversation with Lyssa Freese 32:24

1 S2-EP 015 . U.S.’s Institutional Dynamics to Address Public Crisis: From Environmental Pollution to Global Pandemic to Climate Change - A Conversation with Peter Orris 37:10

1 S2-EP 014 . Is 100% Renewable Energy System Closer to Us? – A Conversation with Mark Jacobson 33:50

1 S2-EP 013. A Historic and Personal View on the Impacts of American Social Evolution on Climate Action: A Conversation with Bill McKibben (Part 2) 20:58

1 S2-EP 012 . A Historic and Personal View on the Impacts of American Social Evolution on Climate Action: A Conversation with Bill McKibben (Part 1) 26:26

1 S2-EP 011 . Decarbonizing Indian Road Transport: A Conversation with Aditya Ramji (Rebroadcasting S2-EP 006) 31:44

1 S2-EP 010 . Is CCS a Game Changer for Climate Mitigation? - A Conversation with Professor Xu Yuan (Rebroadcasting S1-EP 061) 36:03

1 S2-EP 009 . Reviewing Fuel Cell Electric Vehicles Development from Industrial Competition, Supply Chain Security, and Hydrogen Strategy: A Conversation with Professor Gregory Trencher 39:40

1 S2-EP 008 . How Relevant Is California’s Emissions Trading Experience for China: A Conversation with Professor Alex Wang 36:44

1 S2-EP 007 . Japan's Economic and Geopolitical Challenges on Energy Transition: A Conversation with Professor Jusen Asuka 30:14

1 S2-EP 006 . Decarbonizing Indian Road Transport: A Conversation with Aditya Ramji 31:44

1 S2-EP 005 . The Dramatic Australia-China Collaboration on Low Carbon Technology: A Conversation with Diarmuid Cooney-O'Donoghue 25:14

1 S2-EP 004 . The Complex Role of Hydropower in Addressing Climate Crisis in China: A Conversation with Prof. Darrin Magee 24:42

1 S2-EP 003 . Will America be the Next Leader of Energy Transition? – A Conversation with Noah Lerner 30:49

1 S2-EP 002 . From Climate Commitment to Climate Law: A Conversation with Prof. David Driesen 28:21

1 S2-EP 001 . How Geostrategy and Energy Crisis Influence Climate Relationship: A Conversation with Dr. Patrick Schroeder 27:25


1 S1-EP 061 . CCS: A Game Changer for Climate Mitigation? 36:03

1 S1-Hong Kong’s Climate Actions: Warming Up or Catching Up? (Ep. 40 Rebroadcast) 39:24

1 S1-EP 060 . For a Non-toxic China: Talk with Dr. Mao from Shenzhen Zero Waste 37:49

1 S1-EP 059 . China's 2022 Economic Stimulus Packages: Implications on Energy Transition and Climate Policy 31:01

1 S1-EP 058 . China‘s 2025 New Energy Vehicle Targets: Improvements and Realization Pathways 28:55

1 S1-EP 057 . Advancing International Climate and Health Actions: the WHO Platform and China's Opportunities 28:21

1 S1-EP 056 . The New Russia-China Natural Gas Deal: It's Impacts on China's Energy Transition 30:17

1 S1-EP 055 . China's Hydrogen Strategy: A Gamechanger of Decarbonization? 24:10

1 S1-The Role of Green New Deal in the Korean Power Sector(Ep.4 Rebroadcast) 36:31

1 S1-EP 054 . How Possible Can EU Reduce 50% of Natural Gas Import from Russia in a Year? 24:11

1 S1-EP 053 . Health Impacts of Climate Change: China’s Opportunities 27:02

1 S1-EP 052 . China’s Coal Power Upsurge in 2021: How Sectoral Electricity Use Informs the Challenges of Power System Decarbonization 29:02

1 S1-Raising Coal Power Feed-in-tariff: The Dilemma of Avoiding Power Outages and Decarbonizing Power Sector (Ep. 37 Rebroadcast) 28:18

1 S1-Decarbonizing Road Transport: What Role Can Fuel Cell Electric Vehicles Play? (Ep. 10 Rebroadcast) 35:52

1 S1-Discussion: Embryonic Forms of Private Environmental Governance in Northeast Asia (Ep. 3 Rebroadcast) 31:48

1 S1-EP 051 . Shell vs. IEA: Who Has Higher Ambition for China’s Carbon Neutral Target 27:02

1 S1-EP 050 . Quantifying Carbon Footprint of Products in China: How Far Can a Voluntary Database Initiative Go? 31:23

1 S1-EP 049 . A Hopeful 2022 in China’s Energy and Climate Actions 26:17

1 S1-EP 048 . 2021: Annual Review of Energy and Climate Events 29:21

1 S1-EP 047 . How China’s Power Shortage affects Your Christmas Shopping? 23:10
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