Oil & Gas | Decarbonizing Oil & Gas Sector | Key Decarbonization Strategies
Majid Jafar, CEO of Crescent Petroleum, emphasized at the Fortune Global Forum that the world needs to significantly increase investment in renewable energy, requiring 100 times more capacity to meet growing demand. Highlighting the scale of global energy needs, Jafar suggested that simply transitioning to cleaner fossil fuels can also contribute significantly to emissions reduction.
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