Implications of 'net-zero emissions by 2050' for the hydrocarbon industry: a case study of hydrogen in mature petroleum jurisdictions

Tina Soliman Hunter*, Jordie Pettit, Madeline Taylor

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

2 Citations (Scopus)

Abstract

Climate change, and the need to wean the world off hydrocarbon sources of energy, will have a significant impact on the hydrocarbon industry, an industry worth hundreds of billions of dollars annually, and which has been in existence for over a century. Even though the phasing out of hydrocarbons as an energy source is inevitable, the demise of the hydrocarbon industry is not. This study, demonstrates that the hydrocarbon industry can make a significant contribution as the world transitions to low carbon energy. in this paper, we discuss the role of the hydrocarbon industry in developing a new hydrogen industry, demonstrating how the industry’s know how will be vital in the development, construction, and delivery of both blue and green hydrogen to an energy hungry world.
Original languageEnglish
Pages (from-to)280-301
Number of pages22
JournalJournal of World Energy Law and Business
Volume16
Issue number3
DOIs
Publication statusPublished - Jun 2023

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