Project Canary CEO: ‘Cut the Crap’ on Energy Transition, Fossil Fuels
/I'm Jordan Blum, editorial director with Hart Energy here at CERAWeek by S&P Global, and I'm talking to Chris Romer, CEO of Project Canary.
Jordan Blum: So much of the focus with the energy transition is on renewable energy, but just as important is making oil and gas as clean as possible. Can you talk about just how Project Canary comes into play?
Chris Romer: Well, let's define this energy transition because this is my third CERAWeek and this is really exciting. Look, the energy transition is about energy abundance. We need to cut the crap: the way to get to energy transition is less? No, we need affordable, clean American energy going all over the world. And this is exciting because this CERAWeek has proven to me the energy transition has really started. And Project Canary is a measurement company, we do measurement for MRV [measurement, reporting and verification] to help with methane and with carbon sequestration. We are ground zero for this conversation because we are entering into an era of clean, abundant energy. Renewable is going to play a role, but we're also going to get to net-zero fossil fuels, and we're going to get there very quickly with measurement, and we're really excited about the energy here. I get it, $800 billion worth of tax credits can get a lot of capitalists excited and we are a capitalist.