1 Matching Annotations
- Nov 2023
-
-
Many producers say they will be the ones to keep producing throughout transitions and beyond. They cannot all be right.
-
for: stats - oil and gas industry - fight for survival
-
stats: oil and gas industry - fight for survival
- competing oil producers will have to reach an agreement on who has the right to produce the remaining carbon budget
- 24 million barrels a day are still produced in a 1.5 Deg C scenario but are largely uncombusted
- 75 % of that will be used in petrochemical and other industry
- 920 billion cubic meters of natural gas
- 50% of this for hydrogen production
-
-