ESG, Hydrogen, Sequestration – O&G Efforts to Reign in Carbon
We happen to think the oil and gas industry has sort of lost its collective mind. We've lost the battle over fossil fuels by conceding that carbon dioxide, the stuff you emit with every breath you take, is somehow polluting the planet. If we concede that point, it's all downhill from there. Environmentalist wackos will not stop until all fossil fuels are permanently eliminated from the energy mix--which will be devastating to humankind. But they don't care. Still, you can't miss the fact that O&G is "doing its part" to reign in carbon and methane emissions, playing along with the demands of the left. ESG has become a more common phrase in the quarterly updates of O&G companies than barrels of oil and thousands of cubic feet of natural gas. What is O&G doing with respect to ESG, hydrogen, and carbon capture sequestration? And where is it all heading? Will O&G companies actually hit net carbon zero?
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