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Oil executives: U.S. withdraw has little effect on carbon reduction
Jun 09, 2017

  According to foreign media reports, after President Trump announced that the United States will withdraw from the "Paris Accord" to cope with global climate change, senior officials of major oil-producing countries and oil giant executives said that this decision is unlikely to reduce carbon emissions. It has a major impact because technological advances make cleaner energy more economically viable.

The report said that BP, Royal Dutch Shell Group and the Chief Executive of Total Group stated at the economic forum organized by Russia that they still expect the process of transition to cleaner energy to continue, and the United States is no exception.

Shell's chief executive, Ben van Beurden, said that the world is in an energy transition and this process cannot be stopped. He said that in the end, policies, public opinion, and science and technology will all promote the process; fundamentally speaking, this is an unstoppable force that does not concern any party’s decision on the Paris Agreement, even if it is a large economy like the United States. body.

Patrick Pouyanne, chief executive of the French oil giant Total Group, said that companies will continue to invest in cleaner energy, a decision driven by the company’s pursuit of profit. He said that consumers need cheap energy and Total wants to maintain the status of major energy companies within 20 to 25 years.

However, Mohammed Barkindo, the Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), stated that without the participation of the United States, achieving the objectives of the Paris Agreement will be more difficult. The goal of the Paris Agreement is to control the increase in global average temperature within 2 degrees Celsius.