The buzz around renewables and electric vehicles has only increased in recent months with the prevalence of net-zero emission targets from corporations and countries alike. While most would agree that renewables are a long-term threat to businesses oriented around hydrocarbons, there is not necessarily agreement on what constitutes long term. Timelines for the energy transition are complicated by uncertainty around technological advancements, infrastructure improvements, and government policies required to facilitate change. While the forthcoming energy transition raises more questions than answers, this white paper addresses some of the key concerns for investors surrounding the threat of renewables and electric vehicles for traditional oil and gas companies, including implications for midstream.
