"Moving Away From Black And White Decarbonization" Featuring Michele Della Vigna, Goldman Sachs
We had an exciting and informative session today with Michele Della Vigna, Managing Director and Head of Energy Research for EMEA (Europe, the Mideast, and Africa) at Goldman Sachs. In his extensive research career, Michele has spent over twenty years at Goldman covering strategy and content across the global equity energy and natural resources teams. He is the also the creator of Goldman's Carbonomics research program which looks at the economics behind a transition to net-zero emissions. In our discussion, Michele describes the top three items he and the research team at Goldman are currently focused on, the European outlook on natural gas, issues created by the lack of policy clarity on a global basis on carbon, the severe underinvestment in hydrocarbons, how ESG frameworks have impacted and will continue to impact investing, Norway as an example of a positive green transition experience, the Goldman research group's team and global scope, hydrogen, and what Michele thinks the energy world will look like in ten years. We had a quick upfront discussion: Mike Bradley flagged that last week was one of the worst performing weeks in the market for the S&P and energy sector and pointed out key upcoming macro events and interesting headlines from this week. Colin Fenton shared two items that caught his attention this week including the LME copper forward curve and the drop-off in Russian gas flows into Europe. It was fantastic to visit with Michele. He and his group sit at the epicenter of every trend shaping and changing the energy world right now. It goes without saying, but we also greatly appreciate your viewership and hope you enjoy today's discussion! We certainly did!