Moving Forward: Oil and Gas Climate Solutions

Abstract

The concluding chapter summarizes specific oil and gas solutions for each actor in the previous three chapters. It argues that four guiding principles need to guide next steps: (1) the public has a right to know, (2) prices should reflect true social costs, (3) industry must be responsible for all supply-side greenhouse gases, and (4) policymakers should place supply-side oil and gas on a safe climate path. In pursuing new pathways, the chapter lays out what policymakers can do, what industry can do, and what civil society can do. In all there are thirty-four solutions laid out—what the chapter calls the sum of 2 percent solutions. Each of these checks at least one of the aforementioned guiding principles. The book concludes on an optimistic tone discussing the end game for managing abundant petroleum in a warming world.