No magic bullet to get us to net-zero carbon—IP Week

Too much weight is being put on CCS and offsets to decarbonise the energy sector

There is no single technology that will help the world achieve net-zero carbon, so the oil and gas industry needs to apply a range of technologies rather than focusing on a few, delegates heard at IP Week today. Speaking on a panel assembled to discuss the global campaign to achieve net-zero emissions, president and CEO of Norway’s Equinor Anders Opedal said the industry has the perfect opportunity to introduce collaborative technologies into the infrastructure for renewables, carbon capture and storage (CCS), and hydrogen while they are in their early stages—but there is no technology in particular that the industry should focus on. “At Equinor, when we talk about technology to decarbonise,