Bechtel CFO on Inflation, Supply Chains, Sustainability

The video discusses the challenges of the energy crisis and labor shortages, emphasizing the need for immediate action and future planning. It highlights the importance of building infrastructure to achieve net-zero goals and the role of existing technologies like wind and solar. The labor market faces shortages, but there are opportunities in the green economy. The focus for the next decade includes sustainable solutions, long-term battery storage, and nuclear energy projects. Wage pressures and demand for engineering skills are also addressed.

What is the primary challenge in addressing the energy crisis according to the speaker?

• Lack of funding

• Political opposition

• Technological limitations

• Pace of implementation

What is a significant challenge in building infrastructure for net-zero goals?

• Lack of interest in renewable energy

• Shortage of skilled labor

• Excessive government regulations

• High cost of raw materials

What is the company's approach to dealing with labor shortages?

• Reducing project scope

• Attracting and retaining talent

• Investing in automation

• Outsourcing all labor needs

Which technology is identified as a key enabler for renewable energy growth?

• Smart grid technology

• Hydrogen fuel cells

• Advanced nuclear reactors

• Long-term battery storage

What role does nuclear power play in the future energy landscape according to the speaker?

• It is considered outdated and inefficient

• It is only suitable for large countries

• It is a clean and reliable power source

• It is too expensive to develop further

What is causing wage pressures in the energy sector?

• Lack of government support

• Inflationary pressures

• Overproduction of energy resources

• Decreasing demand for energy

Which area is experiencing a high demand for skilled professionals?

• Marketing and sales

• Electrical trades and engineering

• Human resources

• Legal and compliance