September 01st, 2021
The world is going to need 50 percent more energy by 2050, including a large amount of oil. This challenge can be met while also addressing climate change by reducing greenhouse gas emissions. Through data analytics, U.S. oil companies are taking many steps to significantly cut their emissions soon. Policymakers should encourage these actions as the U.S. oil industry is large, recent events have shown the continuing importance of oil, and other oil producers worldwide do not have the same environmental requirements as U.S. companies do. Lexington Institute’s Paul Steidler discusses these matters in an Op-Ed here.
The views and opinions expressed in this issue brief are those of the author.
Paul Steidler is a Senior Fellow of the Lexington Institute, who researches, studies, and discusses energy and logistics issues. Steidler has 15 years’ experience in the research, analysis, and public commentary on energy generation and transmission issues. His work and views have appeared in such outlets as The New York Times, Associated Press, Reuters, Bloomberg, Investor’s Business Daily and numerous other news outlets. Mr. Steidler is a magna cum laude graduate from Villanova University with a B.A. in Political Science and Honors. He resides in Reston, Virginia |