COP26: Pressure Mounts on Oil and Gas Producers
02 December 2021
COP26 means a lot more scrutiny for oil and gas producers, adding momentum to their growing focus on measuring and preventing greenhouse gas emissions from production and transportation.
While there was no global agreement to control the use or production of oil and gas, the UN Conference of the Parties (COP26) in Glasgow in early November increased the pressure on producers to address greenhouse gas emissions. For a start, there was no trace of the climate scepticism that went with previous conferences, and there was little disagreement about the end goal of full decarbonisation, or at least carbon neutrality.