COP, cop out and stand out | Energy Voice

There was never a chance that COP26 wasn’t going to dominate EVOL this week, and so it proved. Joined by special guest star, corporate finance partner David Bevan from this month’s sponsor, BDO, the team leaned into talk of net zero and targets, looking at how emerging economies can try to square their domestic needs with climate change.

Aberdeen companies have been slower to commit to net zero targets, according to a recent survey from KPMG. The report also said that COP26 had influenced fewer than one in four firms, a point Allister could only lament given the pledge-riddled state of his inbox.

A world away from Glasgow, Ghana’s plans for a Petroleum Hub got short shrift from the team. A local environmentalist has raised concerns about the plan and its impact on land. With refining capacity of 600,000 bpd, and a price tag of $60bn, the proposal seems at odds with local needs and realities – in addition to the world’s long-term oil needs.

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