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The general manager, Claudio Descalzi, in Milan, said the six-legged dog was defining the contours of an upcoming "announcement of the time" on reducing and offsetting pollutant emissions. What does it mean to be CO2 neutral and how to do it?
Can Eni become a world leader in the energy transition to clean sources?
The statement of his CEO, Claudio Descalzi, taken from all the news agencies, about "carbon neutrality" sparked this mixture of curiosity, interest, and skepticism that can only accompany all the statements of this content, disseminated by large companies that invest in fossil sources
Descalzi, expressing at the Polytechnic School of Milan at the renewal of an agreement between Eni and the university institute, explained that (our bold) "begins a new cycle and the strategic business of Eni, which, as & # 39; 39, an oil company, became an energy company and which now focuses on the circular economy to achieve neutrality Next, Descalzi pointed out that the six-legged dog is considering defining and to announce the goal of neutrality to the end of 2018 after completing the technical-economic badysis ] in progress, and that "it will be an announcement of the time", as well as "binding for time and quantity".
Essentially, it seems that Eni wants to launch a very ambitious program to drastically reduce the impact of its activities, so not just the overall greenhouse gas emissions of different resources (mining, transportation and use of oil and gas in particular), but also, for example, waste generation, water consumption and so on.
However, for the moment, it is difficult to evaluate what Eni exactly means by "carbon neutrality", a concept very difficult to combine with investments in fossil fuels who dominate the portfolio of the Italian energy giant, as well as other companies, such as the English BP, undecided between embracing more "green" technologies, including electric mobility, or consolidate their gold-oriented economies
The 2018-2021 business plan, for that matter, plans to allocate about 32 billion euros to the upstream sector aiming at extracting / producing hydrocarbons, continuing to invest in the search for new wells worldwide (see QualEnergia.it, Still marginal oil and renewable energies in the new Eni plan ), as confirmed by the very recent discovery of the field maxi Noor offshore gas in Egypt
There is still not much space devoted to renewable sources, such as those 220 MW photovoltaic already launched under Progetto Italia
Being neutral, according to the letter so demanding to apply, means not only reducing emissions of carbon dioxide and other pollutants, but also ] offset and eliminate residual emissions in order to obtain a net CO2 balance of zero
Offset / eliminate harmful emissions, therefore, through several possible solutions, among which: divest from coal, gas, and oil (see QualEnergia.it to investigate climate and financial risks badociated with fossil-based industries), degbading gas by targeting biomethane or hydrogen, installing CCS systems ( Carbon Capture and Storage ) for capturing carbon dioxide released by plants, planting trees, managing more responsible lands and crops for biofuel production
Eni, therefore, must first calculate and disseminate in detail [19]. 459011] the CO2 emissions attributable to its various operations on a global scale, then to clarify how to reduce them and how to compensate for those remaining
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