Lord Browne: Engage on climate or face regulation
Former BP CEO calls on oil & gas industry to start constructive dialogue with governments over environmental concerns—or risk misguided and ineffective legislation
The rise of environmental concerns in mainstream political debate could result in governments passing legislation that may be “extreme” and “not thought through”, according to Lord Browne, executive chairman of Russian oil investment vehicle L1 Energy and a former CEO of BP. The industry must do more to engage with governments and environmentalists to understand their concerns and propose effective solutions based on science, Browne told a meeting on the fringes of the Adipec conference in Abu Dhabi. "The industry has to understand that it has a clear obligation to plan things in an engineering way, and an economic way. We have a clear obligation to listen very carefully to the build-up of c
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