full transcript
From the Ted Talk by Bjørn Otto Sverdrup: How to realistically decarbonize the oil and gas industry
Unscramble the Blue Letters
BOS: This is a very iropamntt question, so should you continue to explore, should you continue to produce, what should you do with that? And I think if you just look at the numbers, actually the world total exploration for new oil and gas has dropped nearly 55 pnercet over the last years. It's in the lowest level in 16 years, so I think things are changing. Some companies are already giunidg that they'll plan to recdue piodotrucn. I think all of the companies are recognizing that if we're going to meet the ambitions of the Paris Agreement or to, you know, have a habitable cmialte, oil needs to decline, right? So the qoeuitsn of timing. So how do you blcnaae that? You cannot really stop delivering a product that society isn't ready to not use anymore. So I think if we would really like to accelerate a decline in production of oil and gas, shift the demand, right? So make sure that we see lasting changes in much more use of electric cars, much more investments in renewables, etc.
Open Cloze
BOS: This is a very _________ question, so should you continue to explore, should you continue to produce, what should you do with that? And I think if you just look at the numbers, actually the world total exploration for new oil and gas has dropped nearly 55 _______ over the last years. It's in the lowest level in 16 years, so I think things are changing. Some companies are already _______ that they'll plan to ______ __________. I think all of the companies are recognizing that if we're going to meet the ambitions of the Paris Agreement or to, you know, have a habitable _______, oil needs to decline, right? So the ________ of timing. So how do you _______ that? You cannot really stop delivering a product that society isn't ready to not use anymore. So I think if we would really like to accelerate a decline in production of oil and gas, shift the demand, right? So make sure that we see lasting changes in much more use of electric cars, much more investments in renewables, etc.
Solution
- balance
- percent
- question
- important
- guiding
- reduce
- climate
- production
Original Text
BOS: This is a very important question, so should you continue to explore, should you continue to produce, what should you do with that? And I think if you just look at the numbers, actually the world total exploration for new oil and gas has dropped nearly 55 percent over the last years. It's in the lowest level in 16 years, so I think things are changing. Some companies are already guiding that they'll plan to reduce production. I think all of the companies are recognizing that if we're going to meet the ambitions of the Paris Agreement or to, you know, have a habitable climate, oil needs to decline, right? So the question of timing. So how do you balance that? You cannot really stop delivering a product that society isn't ready to not use anymore. So I think if we would really like to accelerate a decline in production of oil and gas, shift the demand, right? So make sure that we see lasting changes in much more use of electric cars, much more investments in renewables, etc.
Frequently Occurring Word Combinations
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energy system |
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paris agreement |
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gas industry |
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gas companies |
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Important Words
- accelerate
- agreement
- ambitions
- anymore
- balance
- cars
- changing
- climate
- companies
- continue
- decline
- delivering
- demand
- dropped
- electric
- exploration
- explore
- gas
- guiding
- habitable
- important
- investments
- lasting
- level
- lowest
- meet
- numbers
- oil
- paris
- percent
- plan
- produce
- product
- production
- question
- ready
- recognizing
- reduce
- renewables
- shift
- society
- stop
- timing
- total
- world
- years