Friday 21 January 2022 - 6:02:23 pm
Environment & Sustainability
2022 Jan 20 Thu, 09:23:14 pm

World needs smarter policies for carbon transition to succeed: Crescent Petroleum

SHARJAH, 20th January, 2022 (WAM) -- The energy supply crunch in Europe, Asia and the US this past year has underscored the need for smarter carbon-transition policy, Majid Jafar, the CEO of Crescent Petroleum, told industry and policy leaders gathered for a virtual panel at Abu Dhabi Sustainability Week. To make lasting progress, carbon transition policy must be tailored to each country’s needs and dynamics while addressing the limitations of renewable energy like intermittency and lack of storage. "Any successful and sustainable policy must address...