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FOR IMMEDIATE RELEASE

The Uncertain Future of Oil and Gas in a Time of Rising Renewables: Expert’s New Book Defines a Way Forward

How oil and gas companies are pivoting toward climate change

ALBUQUERQUE, N.M., Sept. 9, 2024 — Intended for experts and lay readers alike, Dr. Ian Palmer’s new book, How Oil and Gas Companies are Pivoting Toward Climate Change, takes an honest look at the rapidly evolving energy transition from the unique perspective of a solar space scientist turned oilfield engineer.

“The oil and gas industry is responsible for 50% of greenhouse gas emissions, but they are taking significant steps toward climate protection,” Palmer said.

In his book, Palmer outlines those steps, plus provides both U.S.-centered and global perspectives on the transition to renewable energies, with historical data and projections for the future. Key topics he covers include:

• How far are global leaders BP, Occidental and ExxonMobil pivoting toward climate change?

• ExxonMobil predicted global warming 40 years ago. Did they try to deceive people about climate change?

• Are carbon capture and storage and hydrogen fuel all they are cracked up to be?

• How batteries are displacing gasoline (oil) in cars and trucks and also coal and natural gas in power plants.

• Is the oil and gas industry responsible for extreme weather events?

• Is climate change urgency as dire as alarmists are saying? If it’s not, will liquefied natural gas export restrictions be lifted?

• Can oil and gas companies reach net-zero carbon emissions by 2050 without new technology?

“These are just some of the questions that drive the discussion,” Palmer added. “Many oil companies, perhaps most of them, are seriously interested in the energy transition and what it means for their future. This book is a must-read for anyone who wants to better understand the reality of climate change in the oil and gas world.”

How Oil and Gas Companies are Pivoting Toward Climate Change

Publisher: Cambridge Scholars Publishing

ISBN: 1-0364-0563-X

ISBN13: 978-1-0364-0563-2

Available from www.cambridgescholars.com