{"id":599848,"date":"2023-08-28T09:34:28","date_gmt":"2023-08-28T04:04:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=599848"},"modified":"2023-08-28T09:53:37","modified_gmt":"2023-08-28T04:23:37","slug":"shift-from-fossil-fuel-to-renewable-energy-must-avoid-price-shock-bp-chief","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/shift-from-fossil-fuel-to-renewable-energy-must-avoid-price-shock-bp-chief\/","title":{"rendered":"Shift from fossil fuel to renewable energy must avoid price shock: BP chief"},"content":{"rendered":"<p>British energy major BP chief executive Bernard Looney on Saturday echoed India&#8217;s views on energy transition being just and orderly, saying the shift from fossil-based system of energy to renewable sources has to be done in a manner so as to avoid price shocks like the ones witnessed last year. <\/p>\n<p>Looney said oil and gas will continue to be a source of energy for the world for &#8220;many, many decades to come&#8221; and companies and countries around the world have to continue investing in existing fossil fuels and in transition projects at the same time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>British energy major BP chief executive Bernard Looney on Saturday echoed India&#8217;s views on energy transition being just and orderly, saying the shift from fossil-based system of energy to renewable sources has to be done in a manner so as to avoid price shocks like the ones witnessed last year. Looney said oil and gas will continue to be a source of energy for the world for &#8220;many, many decades to come&#8221; and companies and countries around the world have to continue investing in existing fossil fuels and in transition projects at the same time.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-599848","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/599848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=599848"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/599848\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=599848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=599848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=599848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}