BP sees a bigger future for natural gas
Posted: 9 October 2009
BP chief executive Tony Hayward believes natural gas has a bigger role to play in the world's energy future.
Tony Hayward was speaking at the 24th World Gas Conference in Buenos Aires, Argentina
"We need to take carbon out of the energy mix today and we need to be realistic about how we're going to do that," Hayward said.
The solution, he said is through a diverse energy supply - particularly in the power sector, which he described as "one of the principal drivers of growth in global demand for energy to 2030."
That diversity will require the continued use of fossil fuels, nuclear and alternative energies such as wind, solar and biofuels, but, he said, until "renewables gain a sizeable share of the power sector and cleaner coal is available through carbon capture and storage, I can see only one way of doing it - by increasing the use of natural gas."
Posted by Richard Price, Editor, EnergyME.com
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