Oil and natural gas companies are rapidly deploying new breakthrough technologies and spending billions of dollars on research in development in a massive effort to lower global greenhouse gas emissions.
As the world celebrates Earth Day, these initiatives are reasons for optimism that the world will be able to meet growing energy demand while also addressing the challenge of climate change. As the Independent Petroleum Association of America President and CEO Barry Russell said:
“Together, the industry is leading the way to advance and implement new technologies to minimize our environmental impacts while we continue to provide the energy that drives our nation’s economy and way of life.”
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