Gates was the keynote speaker to kick off the CERAWeek by IHS conference, one of the world's largest annual events focused on energy. The conference attracts leading figures from around the world in politics, business and energy, including several from Canada's oilpatch. Even though reducing emissions means using fewer fossil fuels, Gates sees an opportunity for the oilpatch. One of the energy companies to speak at the conference on Monday was BP, the U.K.-based oil firm with more than a 100-year history. Rewiring the global energy system will cost a trillion dollars, according to BP chief executive Bernard Looney, but he too sees an opportunity for the oilpatch.

Source: CBC News March 02, 2021 17:26 UTC