The world’s largest oil and natural gas companies are sprinting to cut greenhouse gas emissions and making significant progress. By reengineering many operations through digital technology and cloud storage – Big Data – emissions will be cut sooner, and without unnecessary, drastic steps that will drive up the price of oil and gasoline, thereby imposing a de facto, regressive tax. While the oil and natural gas industries have been slow to adopt data analytics, cloud computing, and related practices, there are compelling reasons to do so now. Lexington Institute’s Paul Steidler discusses these matters in RealClearEnergy here.
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