Oil & Gas Journal: Government policies will continue to play a major part in emerging energy technologies, speakers suggested at a May 8 Atlantic Council discussion. “It’s not just about research. It’s about the economic system the research is going into. That’s why it’s necessary to look at the whole system, and not just the companies, universities, or government laboratories that are involved,” said David Eyton, head of technology at BP PLC.
Eyton noted that when BP issued its latest Technology Outlook in March, it said that growing deployment and reducing costs of renewable power and batteries, using digital technologies to optimize transportation systems, finding ways to reduce carbon in natural gas, and reducing energy waste could matter most globally between now and 2050.
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