Global warming is a serious issue that needs to be addressed with huge investments and latest technology, said Gerald Doucet, secretary-general of the World Energy Council, while addressing the Global Energy Forum here yesterday.
Nearly 200 decision-makers and major players of oil and gas companies from all over the globe explored technology solutions in oil and gas industry at the first Microsoft Middle East and Africa Global Energy Forum 2008.
The forum explored technology solutions in the oil and gas and discussed how to address the environmental issues.
Speaking at the forum, Doucet said, “A lot of progress is being made in fighting global warming. But the big issue is the carbon capture storage and that calls for much more rapid progress through investment.
“We need to create more efficient employees for software handling. We need clear rules in the UN organisations to deal with the environmental issues and the issues of the investments,” Doucet said.
Ali Faramawy, vice-president of Microsoft International, said, “Meeting the challenges of global energy supply and demand depends on integrated business processes, breakthrough innovations and rock-solid business relationships.”
He added: “The UAE is a very special country we are trying to bring here our best in terms of education and technology.”