In addition to vowing to reduce gas flaring in oil and gas operations, some of the leaders called for a global carbon pricing system to incentivise clean energy use as well as research and development in the private sector.
In an attempt to sway governments away from the use of “dirty” fuels such as coal, the energy leaders insist that fossil fuels can play an important role in future emissions reductions and energy efficiency.
“Whatever people think, we still need fossil fuels. We need to make advocacy for gas. We need to explain to our policy makers that gas has to be encouraged,” Patrick Pouyanné, CEO of Total, said at a Paris conference on Thursday.
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