Introduction
Oil discovery can be described as both a curse and a blessing. This once plentiful and cheap energy resource has enabled enormous economic expansion and has also significantly boosted the living standards of many global citizens. On the negative side however, the oil industry has had a relatively negative impact on the climate and has somehow contributed to the global climate change. The production of oil is often accompanied by a lot of green house emissions that increase the amount of carbon dioxide in the atmosphere consequently leading to climate change. The society in general has realized that there is a huge need to alter the manner energy is produced and used. Various oil industries have therefore been forced to come with a variety of strategies tailored to limit the green house emissions. All these strategies are tailored towards reducing the amounts of GHC emissions, formulation and implementation of new technology and finally the grasping of new opportunities that provide sustainable and better energy options. Some of the strategies that have been initiated include the use of energy more efficiently by improving the production and the drilling techniques and also investing in various cogeneration facilities. The oil industry has also engaged in consumer education programs about efficient oil use. In addition, the oil industry has also been trying to reduce the flaring, the fugitive and the venting emissions from the natural networks of gas. There have also been efforts in formulating and implementing the technology of carbon capture and storage. Al these strategies are essentially tailored to ensure that the amount of green house gases emissions that are responsible for climate change is significantly reduced.
Works Cited
"Climate change | IPIECA." IPIECA | The global oil and gas industry association for environmental and social issues. N.p., 23 Apr. 2012. Web. 31 May 2013.
