In 1983, Cambridge Energy Research Associates was founded in Cambridge, Massachusetts, by Daniel Yergin and James Rosenfield. The energy research and consulting firm quickly became known for its critical knowledge and independent analysis on energy markets, geopolitics, industry trends, technology, and strategy. Each year, S&P Global hosts CERAWeek in Houston so that fossil fuel muckety mucks from around the world can exchange fist bumps and bask in the warm glow of their own magnificence.
The multi-dimensional energy transition reflects different realities and timelines by region, technology, industry strategies, the variety of social and political approaches, and divergent national priorities in an increasingly multi-polar world, the press kit concludes., the world’s largest fossil fuel company, told those in attendance that global oil demand will not peak for some time, which means policymakers will need to ensure there are sufficient investments in oil and gas to meet demand.
The use of methane gas has grown 70 percent since the start of the century, with the transition from coal to methane responsible for two-thirds of the reductions in carbon emissions in the US. “This is hardly the future picture some have been painting,” Nasser said. “Even they are starting to acknowledge the importance of oil and gas security.