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Future Of Unconventionals In A Low-Carbon World.pdf

Energy-07-2023-July-Print.pdf
Preview of Future of Unconventionals in a Low-Carbon World
🔗 Source: abhafoundation.org
📊 Size: 3.13 MB
📄 Pages: 24 pages
⬇️ Downloads: 55

Summary

The Al-Attiyah Foundation's research paper discusses the future of unconventional oil and gas resources in a low-carbon world. Over the past 20 years, these resources have become a significant part of the global energy mix, but to achieve net-zero goals by 2050-2070, a significant transition is required. The paper identifies the challenges of phasing out unconventional resources, including extra-heavy oil, oil sands, and Arctic oil, which are likely to be phased out first due to their high costs and emissions intensity. Ultra-deepwater and shale resources may still be economically viable in the long-term, but their environmental risk and emissions intensity must be considered. The paper concludes that a 2050-2070 net-zero goal can be reached without relying on existing extra-heavy oil, oil sands, and Arctic oil resources, and that phasing out these resources will have a minimal impact on the global oil supply-demand balance.

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Description

The Al-Attiyah Foundation's research paper discusses the future of unconventional oil and gas resources in a low-carbon world.

Technical Information

  • File Format: PDF
  • File Size: 3.13 MB
  • Pages: 24
  • Language: EN
  • Total Downloads: 55
  • Last Updated: 6 days ago

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