Ernie Thrasher

Xcoal Energy & Resources

Chief Executive Officer & Chief Marketing Officer

Ernie Thrasher has over forty years of experience in the energy and natural resources industry. His experience began in 1974 working for a family-owned mining company with operations in Maryland where he held various positions in operations and management through 1981. Prior to forming Xcoal Energy & Resources in 2003, Thrasher spent twenty-two years in various global marketing positions at Primary Coal and AMCI. Xcoal is a global coal marketing and logistics company with mining investments in the USA and Australia. The company has broad reach in the natural resources and energy fields. Thrasher leads a 100+ person team spread across 20 offices globally. As a leader in the energy and natural resources industries, Thrasher has developed and employs innovative logistical processes to reach global markets around the world. Based in Latrobe, Pennsylvania, USA, Thrasher brings a unique local and global perspective to all his work. Thrasher also founded XLNG Energy & Resources in 2015, which is marketing LNG originating from global sources with emphasis on natural gas reserves, and which reaches South America, Europe, and Asia. Thrasher serves on the President’s Leadership Council-Boy Scouts of America, is a member of the Council on Foreign Relations, serves as a Director on the National Committee on U.S.-China Relations, serves as a Director of the U.S.-India Strategic Partnership Forum, and serves on the Global Board of Trustees of Asia Society.

Sessions With Ernie Thrasher

Friday, 22 October

  • 12:10pm - 12:40pm (IST) / 22/oct/2021 06:40 am - 22/oct/2021 07:10 am

    Innovation Agora

    Reducing Emissions from Hydrocarbons

    Live Stream

    Oil and gas companies are taking many actions to reduce their greenhouse gas (GHG) emissions, in particular scope 1 (from use of hydrocarbons in their operations) and scope 2 emissions (indirect emissions from the generation of purchased energy). Some companies are also setting targets to reduce scope 3 emissions (emissions caused by suppliers and those associated with the transport and use of hydrocarbon products). There are many options to reduce scope 1/2 emissions, such as energy efficiency and replacing oil/gas with lower carbon alternatives. Companies are also investing in options such as CCS, direct air capture, and nature-based solutions to capture and sequester emitted GHG and reduce scope 3 emissions. What are the critical technologies to accelerate reduction in emissions? How much can methane emissions be reduced, and what are the actions industry is taking to achieve this? Although there is much progress to reduce emissions in the power sector, how can industry and governments work together to reduce emissions from industrial sectors including steel, cement, fertilizers, and refining & petrochemicals? Are policy mechanisms such as carbon price and the carbon border adjustment mechanism proposed by the EU necessary to reduce emissions? Is planting trees (or nature-based solutions) a sustainable option to capture emissions?