In this video Bill Nuttall, Professor of Energy at The Open University, and Steven Drost, Chief Strategy Officer at Codebase, discuss the past, present, and future of decarbonisation, why innovation will be needed to reach net-zero by 2050, and how oil companies may be the ones to make “bold bets” and transform the energy sector.
They discuss how climate change is a global challenge that will only be solved through the confluence of governments and business. They also consider whether, after 30 years focused on the decarbonisation of electricity and driven largely by policymakers, the next three decades will see businesses take the leading role.
The in-depth discussion considers how the driving forces of change within the sector and the rise of digital technologies, from smart meters and social media platforms to advances in artificial intelligence, big data, and algorithms.
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