Energy and Natural Resources Report 2023

4 Energy and Natural Resources Report 2023 Executives in the fields of oil and gas, utilities, chemicals, mining, and agribusiness are on the front lines of the energy and natural resource (ENR) transition. [...] Some also described a lack of understanding on the part of policymakers, the media, and the public about the interconnectedness of the energy system, and they look to governments to help determine realistic paths and goals. [...] 19 Data-Rich Perspectives The Dual Challenge of the Energy Transition Is Urgent and Unprecedented Meeting the growing demand for energy while also reducing greenhouse gas emissions is the central challenge of the 21st century. [...] Energy and natural resource companies are and will continue to be at the center of every aspect of the unfolding transition, and how these companies navigate the accompanying opportunities and risks will have major implications for how the dual challenge ultimately plays out. [...] 30 Energy and Natural Resources Report 2023 Bottlenecks shape the pace and profits Executives are of course familiar with the laws of supply and demand, but viewing the energy transition through the lens of bottlenecks and their resulting scarcities can help companies spot business opportunities.