Abstract
The world is currently dependent on oil and gas. Since the Industrial Revolution, society has been reliant on secure, affordable, and accessible petroleum to develop economies, trade and wider socio-economic growth. Our centuries-long reliance on petroleum is being fundamentally challenged by the pressing need to decarbonise as the oil and gas sector accounts for nearly 15 per cent of energy-related global emissions. Shifting from a petroleum-centric global economy is one of the greatest challenges of our time, requiring nothing short of an entire supply chain overhaul and radical technological advances to decarbonise and allow states to meet their Paris Agreement and net zero emissions commitments.
| Original language | English |
|---|---|
| Specialist publication | Energy Magazine |
| Publication status | Published - 31 Oct 2023 |