Oil and gas critical to global emissions reduction effort - BP

Tue, 15 Oct 2019

Oil and gas will remain a key part of the global energy mix for decades to come if the world is to improve access to energy for a growing population and at the same time reduce emissions, BP group chief economist Spencer Dale says. Modelling by the firm shows that even if non-hydro renewables were to grow at twice their current rate and emissions in 2040 were to fall to levels last seen in 1980, oil and gas would still be providing about half the world’s energy, Dale said in Wellington yesterday. Achieving net-zero carbon will require a m...

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