Over the longer term, strategic direction may also be influenced by climate-related policy considerations that are not yet fully implemented but where the
direction of travel is clear. In some cases this may influence strategy regarding portfolio balance between conventional resources. For example, we
believe that natural gas, including unconventional gas, is a key component of the pathway to a lower carbon future. In other cases these policy
considerations may influence strategic resource allocation to new resources, for example biofuels. Longer term climate-related policy and technology
trends may also influence strategic decisions about technologies, like CCS, that have significant long-term carbon reduction potential, but which are not
yet near-commercial