Balancing the Energy Landscape: Executives Call for a More Balanced Approach to Reducing Greenhouse Gas Emissions

Energy executives and technology leaders gathered in Houston this week to discuss ways to achieve net-zero greenhouse gas emissions. During the CERAWeek by S&P Global conference, these leaders presented visions for how this can be done, emphasizing the importance of recognizing that global demand for energy is increasing.

CEO Amin Nasser of Saudi Arabian Oil Co., also known as Aramco, made a strong statement on the first day of the conference, urging the audience to face the reality of the energy landscape. His call to action highlighted the need for a more balanced approach to reducing greenhouse gas emissions while meeting the growing global demand for energy.

The call to reduce carbon emissions from natural gas and oil, rather than completely eliminating fossil fuels from the energy mix, is gaining traction among supporters. This idea was echoed by top energy executives in Houston who emphasized the importance of recognizing that global demand for energy is increasing and achieving a renewables-only future is not feasible in the near future.