{
  "docId": "019dd923-5e88-73ef-bd59-1e1c5686629b",
  "docSlug": "65ba79c0a1c3a0ab",
  "documentTitle": "ey energy and resources transition acceleration",
  "authorId": "MorganStanley",
  "authorName": "EY",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 24,
  "pageCount": 48,
  "prevPage": 23,
  "nextPage": 25,
  "slideType": "client_example",
  "function": "illustrate_case",
  "density": "dense",
  "nDataPoints": 3,
  "notes": "Part of a multi-slide 'Implications' section (slide 3 of 8).",
  "elementsJson": [
    "headline_text",
    "callout_box",
    "photo"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd59-1e1c5686629b/24",
  "deckHref": "/decks/019dd923-5e88-73ef-bd59-1e1c5686629b",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd59-1e1c5686629b.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd59-1e1c5686629b#slide-24",
  "components": [
    {
      "bbox": {
        "h": 0.45,
        "w": 0.75,
        "x": 0.22,
        "y": 0.375
      },
      "kind": "callout",
      "text": "How the Netherlands is burying its carbon\n\nThe Netherlands will reduce its carbon emissions by burying some of them under the North Sea. In early 2024, production is set to begin on Porthos, a massive carbon capture and storage project that will see CO2 produced in refineries and chemical plants owned by Shell, ExxonMobil, Air Liquide and Air Products transported through the Rotterdam port to empty gas fields under the North Sea. Once operational in 2026, the project is forecast to reduce the Netherlands' carbon emissions by 2% annually for 15 years, as well as 10% of the Port of Rotterdam's overall emissions.\n\nIt's an ambitious plan - set to be Europe's biggest ever carbon capture project - but, in some ways, deeply practical. Porthos is making fresh use of old oil and gas fields and leveraging expertise honed in the production of hydrocarbons to pioneer new decarbonization solutions. It also highlights the advantage of an open access approach. Multiple companies across industries are sharing knowledge and costs to ensure best practice is applied and reduce overall cost. Innovation here is likely to be deployed in other countries exploring undersea carbon capture. The UK has already granted licenses to multiple oil companies, anticipating that 10% of the UK's carbon emissions could be buried under the North Sea by 2030.",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ecf7ca07-a8f0-420b-99b6-034374883ba2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "callout",
      "text": "The Netherlands will reduce its carbon emissions by burying some of them under the North Sea.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-3409-704d-b4e2-cb2f0596fd57",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.63,
        "w": 0.39,
        "x": 0.03,
        "y": 0.27
      },
      "kind": "image",
      "text": null,
      "attrs": null,
      "subkind": "photo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d3856ca3-706a-47af-9027-66fd45e1c070",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.18,
        "x": 0.03,
        "y": 0.18
      },
      "kind": "title",
      "text": "Oil and gas go green",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "26fdaaf5-6c34-49dc-8f81-482c6572a59d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.14,
        "x": 0.03,
        "y": 0.11
      },
      "kind": "title",
      "text": "Implication",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b57bc7a6-d2f2-4f8f-9e14-e48a7af4d2e7",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 25,
      "from": 24,
      "beatId": "7c666f90-d762-4811-a71d-ee1ee5f0c332",
      "arcName": "The Sparkline",
      "arcSlug": "sparkline",
      "beatName": "Client Example",
      "beatSlug": null,
      "evidence": "The deck provides client examples of oil and gas going green and energy systems being localized.",
      "position": 4,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}