Energy transition and climate policies will be among President-elect Joe Biden’s top priorities when he steps into the Oval Office in 2021, but oil executives believe that the new administration should understand the underlying complexities of the process.

“Talking about climate is often like talking about religion with some politicians—they don’t actually understand the complexities of the energy system very much and that’s never very satisfying,” said Bob Dudley, chair of the Oil and Gas Climate Initiative (OGCI) who formerly served as CEO of BP Plc, during the ADIPEC 2020 Virtual Conference on Nov. 10.

Policymakers and governments around the world need to understand the mix and cost of technologies “rather than rushing to get elected with what sounds too good to be true,” he added.

Already have an account? Log In

Thanks for reading Hart Energy.

Subscribe now to get unmatched coverage of the oil and gas industry’s entire landscape.

Get Access