Big Oil can stay relevant in low-carbon future: BP
But BP economist Spencer Dale says oil majors have to help economies tap the power behind renewable sources
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Singapore
WITH tweaks to their existing business mix, Big Oil can stay relevant, even as the world moves on to embrace the low-carbon future envisaged in the 2015 Paris climate agreement, BP's chief economist has said.
In an exclusive interview with The Business Times, Spencer Dale made a case for the oil majors to step up to play "a role in helping provide energy solutions" that tap the potential of renewables in electrifying economies.
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