Decarbonised gas key to Paris target — DNV GL report
Natural gas is expected to be the dominant fossil fuel and source of emissions by 2050, so industry, governments and research institutions must work together to accelerate CCS implementation
The world is set to overshoot its Paris Agreement emissions target, resulting in a 2.3°C rise in average temperatures by 2100 even if all planned measures and strategies are implemented, according to the annual Energy Transition Outlook by risk management and quality assurance advisor DNV GL, to be launched tomorrow morning. The predicted elevation of natural gas over the next decades to a leading position in the energy system—helpfully displacing far more carbon-intensive coal—means that the transition fossil fuel will become the largest contributor of CO2 emissions (see Fig. 1). Under announced strategies, globally just 13pc of gas consumption will be in decarbonised by 2050. “It is now ti
Also in this section
10 May 2024
Launch of project powered by geothermal energy in Iceland marks step forward in push to scale up expensive direct-air-capture technology
8 May 2024
Allowance prices rise 34% since start of year as regulator imposes tighter limits and considers reduction of free allocations
7 May 2024
Policymakers should consider backing enhanced weathering as a CDR technique with benefits to the agricultural sector
3 May 2024
Developers look to government’s forthcoming budget to restore support as industry suffers loss of momentum