ENERGY

OIL and GAS

Randy Ramadhar Singh
Energy Transition Specialist
Trinidad and Tobago
 Any Others ?
• How are you Connected to a Barrel of Oil
• Cut those ties today! (realistic?)
• What about LDCs who only now have the
potential for Oil Profits ? Regionally…
• Is this the tipping point?
 Was a
better quality

More
of Life and
Variety of Goods and

Services a Bad
Thing ?

• https://ourworldindata.org/human-development-index
LONDON SMOG
PUBLISHED OCT 8, 2018 11:00 AM BY THE MARITIME EXECUTIVE

On Sunday, the UN Intergovernmental Panel on Climate Change (IPCC) released a new estimate of the likely effects of anthropogenic
carbon emissions in the medium term, with unpleasant conclusions. The panel reached a consensus estimate that global warming is likely
to reach the Paris Climate Accord limit of 1.5 degrees Celcius between 2030 and 2050, with an additional increase to 2.0 degrees C
thereafter, even if parties to the Accord fulfill their commitments to reduce emissions. The marginal increase from 1.5 degrees of warming to
2.0 degrees of warming is likely to result in considerably more damage to the human environment and food supply.
“Every extra bit of warming matters, especially since warming of 1.5ºC or higher increases the risk associated with long-lasting or
irreversible changes, such as the loss of some ecosystems,” said Hans-Otto Pörtner, co-chair of one of the working groups behind the
report.
 ARE
we there
yet?
What's the Price ?
 HYBRID ?

• Can One Complement

the other ?
• Maybe CCS can be used
for the Gas Power Plant
• Maybe, just Maybe this
is Sustainable
Development???
 Oil and Gas
• Will Aid in the Urgently needed GLOBAL Energy Transition
• Will be required by Future Generations for non Energy uses
• Will Need Clear principled ethical operations and carbon low extraction and
transmission
• Will be key to the realisation of ALL SDGs.

THANK YOU !