New Equinor chief raises pace for green energy

摘要

EQUINOR is taking a more aggressive stance in the green transition with a change of leadership as incoming chief executive Anders Opedal seeks to raise renewable investment targets and accelerate carbon dioxide emission cuts at the Norwegian state-controlled giant. Opedal, who is set to take over the top job from long-serving company stalwart Eldar Saetre in November this year, proclaimed he was ready to divert capital from Equinor's traditional oil and gas business to achieve the company's lofty aim to become a global leader in the shift to green energy. Equinor has previously set a target to boost production from renewable projects tenfold to between 4 gigawatts and 6GW by 2026, giving an average annual growth rate of 30%, and thirtyfold to between 12GW and 16GW by 2035 under a climate roadmap outlined earlier this year with a strong focus on offshore wind. Furthermore, it is looking to achieve carbon-neutral operations by 2030, with a target to cut CO_2 emissions by 40% at its main production base off Norway by that year and 70% by 2040 towards a net-zero emissions goal by 2050.