Presentations and Newsletters2020-06-28T10:49:34+00:00

The Next Big Thing: Eco-Compliant Refinery Solutions

If nothing changes, we could see $200/bl oil and a global economic crisis on the order of 2008. As the world works to stop climate change, new powerful global environmental regulations are forcing oil refiners to produce fuels with lower emissions. To comply with these new regulations, oil companies must modernize their refineries.  Optima Process Systems, Inc. is using new technologies to provide environmentally compliant solutions to address this upgrading need in this trillion-dollar oil refining market. The magnitude, consequence, risk and urgency of this effort to improve the global environment is highlighted and championed below by top thought leaders: Bank of England Governor, Mark Carney presented A Transition in Thinking and Action to the International Climate Risk Conference for Supervisors on April 6, 2018 in Amsterdam. There, Carney outlined the scope of institutional interest coalescing behind this movement since the Paris Agreement of 2015: "At the One Planet Summit in Paris in 2017, financial institutions responsible for managing $80 trillion of assets – equivalent to the annual global GDP – publicly supported the Task Force for Climate-related Disclosures (TCFD)." "The supporters included 20 globally-systemic banks, 8 of the top 10 global asset managers, the world’s [...]

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