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- Nov 2023
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Economies that are heavily reliant on oil and gas revenues face some stark choices and pressures in energy transitions.
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for: stats - oil and gas - steep drop in revenues of fossil fuel producer economies
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stats: oil and gas - steep drop in revenues of fossil fuel reliant economies
- per capita net income from oil and natural gas among producer economies will be 60% lower in 2030 in a 1.5 °C scenario.relative to revenues between 2010 and 2022.
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- many producer economies are not diversifying into clean energy fast enough to compensate for these steep revenue drops
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