How does Palau manage energy eficiency?

Palau initiated energy eficiency efforts to reduce governmen-tal energy use through its Energy Conservation Strategy in 2007.

How to protect Palau's energy supply?

Finding the right balance is an ongoing task involving government, producers and users of energy. The government believes a combination of competitive markets with backstop measures and effective regulation of suppliers is the best means of protecting the security of Palau’s energy supplies.

How important is energy to Palau's environmental sustainability?

An energy sector review that was undertaken as an initial step in this project has shown that energy is a vital resource underpinning all aspects of our society and fundamentally influencing Palau’s environmental sustainability.

How do petroleum products affect the environment in Palau?

Environmental damage, habitat loss and pollution resulting from transport and use of petroleum products can have long-term negative effects on the country’s fragile island ecosystems, which at the same time provide the basis for economic development and prosperity of Palau’s citizens.

Is Hess ready for the transition to a low carbon economy?

In 2021, Hess achieved the highest level rating (Level 4-strategic assessment) by the Transition Pathway Initiative (TPI), a global initiative that assesses companies’ preparedness for the transition to a low carbon economy and their efforts to address climate change.