According to a report released by the Wood Mackenzie firm in early January, Eagle Ford is now the largest oil and gas development on the face of the earth based on total capital expenditures.
"But overall, we are striving to proactively accelerate our efficiency efforts both in terms of timing and scale as we foresee a future market development where we face more uncertainties and risks, " Rasmussen said.
While the environmental transformations engendered by climate change are expected to be unprecedented, existing in-depth indigenous knowledge on strategies for coping with change may also provide a crucial foundation for new adaptation measures and sustainable development in the face of climate change.