1、The 2030 decarbonization challenge The path to the future of energy Contents Foreword 3 Introduction 4 Chemicals 10 Oil and gas 13 Power, utilities and renewables 17 Mining and metals 21 Cross-sector solutions 23 Conclusion 24 Contacts 25 Endnotes 28 2 The 2030 decarbonization challenge | The path t
2、o the future of energy Foreword The global energy mix is shifting from fossil fuels to renewables. There are abundant examples of both public and private organizations working hard to decarbonize the economy. As this energy transformation or “Green Deal” gains momentum, new ecosystems are forming an
3、d new technologies are emerging. These developments are helping to grow renewables, develop new energy carriers, improve energy efficiency, reduce emissions and create new markets for carbon and other by-products as part of an increasingly circular economy. At the same time many of these commonly pu
4、rsued steps to decarbonization, such as increased electrification, wide-scale use of renewable energy and intensifying energy efficiency measures pose unique challenges. Many participants in the Energy designing 100% of its products and processes using sustainability criteria including the principle
5、s of green chemistry; and reducing GHG emissions by 30% by 2030, including sourcing 60% of its electricity from renewable energy.38 The desire to refashion themselves is not limited to the worlds largest companies. For example, Occidental, an integrated energy company with oil, gas, and chemicals op
6、erations and low-carbon ventures, recently announced its bold aspiration to become completely carbon-neutral by using CCUS and by developing other economic applications for CO2.39 Navigating the future of energy Although the transition to a low-carbon economy is gaining momentum, there is still much