From today to 2050, the world’s population will grow from 7.5 billion to almost 10 billion people who will expect a better standard of living. We believe, providing the increased energy needed tomorrow with lower environmental impacts than today, is the challenge of our times. Transitioning our energy diet to lower emissions is essential to meet this goal and we believe the oil and gas industry is best positioned to innovate, as it often has, to meet this new challenge.
As part of the 7-9 Challenge, organizations will commit to formalizing plans for how they will reduce their emissions footprint as they continue to provide the hydrocarbons the world needs. They will also commit to an advocacy budget to allow the efforts and success of the 7-9 Challenge to be shared with the public.