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Tariq Siddiqui's picture
COO, Upstream EP Advisors LLC

Oil & Energy | Business Development | Capital Projects | Offshore Wind -  Proven leader in offshore development and operations, with 25+ years’ expertise in managing business through cycles...

  • Member since 2021
  • 136 items added with 95,454 views
  • Jun 18, 2021
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The energy industry is not a monolith. It’s a complex matrix of producers, sources, service and product suppliers, merchants and others that all have a role to play in each iteration of an energy transition.Today’s transition adds societal pressures, mountains of data and competing analyses in the mission to reduce greenhouse-gas emissions.

KEY INSIGHTS

To get to reliable, affordable and clean energy, the industry, policymakers and the investment community need to come together in support of achievable and “stretch” goals, predictable legislation and regulation, and a clear understanding that arbitrary dates do not speed up technological advances.

Policymakers are urged to think big but support solid public policy to help the world reach these goals:

  1. Acknowledge that energy transition is about choices and not picking winners and losers.
  2. Support the technological revolution. In every area of energy production, companies are inventing and innovating.
  3. Reflect the reality that all energy sources have environmental impacts and technological challenges.

BOTTOMLINE

  • With smart and realistic public policy that balances economic development and a charge to combat climate change, we can set a course that delivers the reliable, affordable and resilient energy supply we all demand. 

 

    Discussions
    Jim Stack's picture
    Jim Stack on Jun 22, 2021

    Yes policy is the key to a clean future. Just look at Germany that has become the Solar and Wind leader in the world. Their Feed In Tariff has shown how to get the public to respond.  

       The USA and other countries need a good National Policy so we can make real progress. 

       Both Germany and Norway have shown that policy is the answer. What other countries see to have learned how to make good policy? 

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