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Genie Energy Ltd (NYSE:GNE) Q4 2022 Earnings Call Transcript

Peak Carbon is the New Peak Oil

63 views Every industry is evolving in this uncertain climate; companies across all industries will need to become nimbler to survive and thrive. The Energy Transition has both near-term and longer-term implications, and businesses should invest in agility via talent, product, and modern data to build the necessary capabilities for the climb ahead. As we engage with companies within Oil & Gas, Retail Electricity, New Energy, and Cleantech, it is striking that there is much more consensus about the future of energy within the industry than you would expect based on TV or social media. For instance, are you aware that ExxonMobil, Chevron, Shell, bp, and ConocoPhillips all support the Paris climate accords? The industry has shifted due to an understanding that the model of the future is now better explained by Peak Carbon than by Peak Oil.

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