Energy convergence breaks down silos as industry confronts climate change

Silos within the energy industry are coming down as companies confront the need to dramatically cut carbon emissions. The so-called energy convergence is the idea that companies, policy makers and regulators need to be more collaborative across the energy spectrum. Joe Brettell is a partner for strategic engagement at Prosody Group, which consults on energy, agriculture and financial services. We asked him about the rising importance of US regulators, climate-related investor pressures, and the changing focus of the US energy capital Houston as it adapts to the energy transition. Stick around after the interview for the Market Minute, a look at near-term oil-market drivers.