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> If you were looking to modernize an industry O&G is super fit for disruption.

The only way to "modernize" Oil and Gas that is compatible with a future for the planet is to shut it down.




Perhaps for the purposes of energy. There are mydriad petrochem products that have no viable alternative.


No commercially viable alternative when the externalities aren't priced correctly. But hydrocarbons are already made from coal:

https://en.wikipedia.org/wiki/Fischer%E2%80%93Tropsch_proces...

The same process can be used with biochar, or potentially carbon from some future carbon capture method.


This is true and exactly why we shouldn't burn these valuable resources.


Along with all agriculture, medicine, transport, etc.

"Shut it down!" doesn't apply so well to the food supply right?


What‘s you point? If you cannot fix everything, fix nothing instead?


I think their point was shutting down oil and gas is de facto shutting down all of those other fields.


Almost everything you buy has an O&G component to it. With the economic development around the world, at this point it is either O&G or worse alternatives (more costlier and sometimes dirtier)

How do you think goods are transported? How do you think the material is processed?

I agree that humanity needs to find better alternatives, but we all have to be realistic.




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