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Decarbonization and the Challenges of Big Oil
The reduction of the use of fossil fuels in the economy represents an existential challenge for oil companies, on which pressure is increasing from governments, institutional investors, and civil society, as they are considered among those most responsible for greenhouse gas emissions, and thus climate change. Currently, each “Big Oil” company is facing four possible strategic options: decide ...
Cobalt: Blue Gold in the Energy Transition
In 2020, the global demand for cobalt should exceed 120,000 tons; globally, 71 percent of this mineral is extracted in the Democratic Republic of Congo. The ethical problems linked to the exploitation of adults and children in the cobalt production process pose urgent moral and image questions for technology multinationals and the large producers of electric automobiles, that risk alienating a growing ...