The Future of Energy Production
As the energy industry grapples with the energy transition and physical impacts of climate change it must also evolve. Offshore energy has long been dominated by oil and gas operations limited in geographic scope. But rapidly expanding offshore renewables, a new push to expand oil and gas development in federal waters, and revisions to rules for leasing and operations are raising new legal questions. Companies are also considering how they will compete in a carbon-constrained world and whether they can adjust their strategies to take advantage of new opportunities.
This work is part of EELP’s Private Sector Governance and Innovation Project that analyzes trends in private sector responses to the clean energy transition and physical risks of climate change.