Flipping the Switch: Are Energy and Utility Companies Evolving?

Date & Time: Tue, October 6, 2020 at 6:00 PM
Venue: Zoom Webinar (details provided after registration)

It’s an urgent question: are oil and gas companies and utilities transforming themselves for the long-term or are they immovable? ExxonMobil, Chevron and ConocoPhillips, the three largest U.S. oil and gas companies, have a combined market value of $631.9 billion and 131,000 employees. 

You’d think they would be continuously innovating. They promote that they are. We hope it is so, but how can we know it is ways that benefit the world, not just their business? 

Are the ads we’re seeing on national television and Facebook feeds greenwashing, or are there real commitments and momentum towards transforming our energy systems?

This is where the rubber hits the road on sustainability in the energy sector. Will they survive if they don’t adapt? Some say that a massive revaluation is in store and that energy transformation will happen far faster than expected. Others suggest that only capital deployment at their scale can adequately address the breadth of the challenge.

For October 6th, we are going to check in with Massachusetts watchdogs and industry insiders to get the latest on legacy “brown” energy company investments and a progress report on their transition to clean energy production… or not.

We’ll announce our speakers and more details about this event as we get closer.

 

Photo credit: Okq8 se / CC BY-SA via Wiki Commons