Oil and gas have been the mainstay of our energy economy and have powered our lives for decades. Available, stable, and cheaper than the alternatives, power from fossil fuels has also come at the cost of the global environment.
Oil and gas have been the mainstay of our energy economy and have powered our lives for decades. Available, stable, and cheaper than the alternatives, power from fossil fuels has also come at the cost of the global environment.
Combustion of oil and gas for electricity generation or transport causes about 33 per cent of human-made greenhouse gas emissions, and activities to produce the fuels themselves accounts for another nine per cent. Directly or indirectly, the oil and gas industry accounts for 42 per cent of global greenhouse gas emissions. And this needs to change.
To achieve the goal of the Paris agreement – limiting global warming to 1.5 degrees Celsius compared to pre-industrial levels – many developed and emerging countries have pledged to reduce their greenhouse gas emissions to net zero by 2050.
Read More: Curtin University
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