Can Oil CEOs Adjust to the Mounting Pressure for Action on Climate Change?

The video discusses the urgency of addressing climate change, highlighting it as a significant economic issue. It covers the role of big oil companies in tackling climate change, including their investments in renewables and carbon capture technologies. The shift from oil to natural gas and the move towards electrification are also explored. Additionally, the video addresses investor concerns about profitability and the need for public buy-in for new technologies.

Why is it crucial to address climate change according to the first section?

• Because it is a political agenda.

• Due to its significant economic impact.

• Because it is a minor issue.

• Due to its negligible effect on the environment.

What is one of the main focuses of the oil and gas industry in combating climate change?

• Increasing fossil fuel production.

• Reducing methane emissions.

• Ignoring renewable energy sources.

• Decreasing natural gas usage.

Which energy source is Shell increasingly focusing on, as mentioned in the second section?

• Hydropower

• Natural Gas

• Nuclear

• Coal

What is a significant challenge for the energy sector when investing in new technologies?

• Lack of interest from the public.

• Balancing shareholder expectations with profitability.

• Overabundance of resources.

• Excessive government support.

What technology is highlighted as crucial but currently expensive in the third section?

• Hydroelectric dams

• Carbon capture and storage

• Wind turbines

• Solar panels