Carbon Dioxide

Renewables 2024 global status report: global overview

This overview sets the scene for the various modules in the Renewables 2024 Global Status Report Collection. It provides high-level trends on the status of renewables in the wider fossil fuel-dominated energy system in the context of global challenges such as climate change, development goals and the geopolitical landscape. Urgent …

To price or not to price? making a case for a carbon pricing mechanism for India

The 2021 Conference of Parties 26 (COP26) propelled nations to ramp up their climate targets and the concomitant Nationally Determined Contributions (NDCs) to reduce global greenhouse gas emissions. However, the updated NDCs and the announced pledges for 2030 remain insufficient and poorly aligned with the targets of the Paris Agreement. …

The carbon capture crux: lessons learned

This report aims to shed light on the different applications and conceptualisations of CCUS/CCS, demystifying the technology’s applications, concepts and categorisations. It explains the dichotomy between enhanced oil recovery and carbon capture within dedicated geological structures, and the difference between carbon capture and utilisation (CCU), CCUS and CCS. It uses …

Carbon emissions savings in Tamil Nadu’s road transport through electrification

This study assesses the future sales growth in two, three and four wheeler vehicles in Tamil Nadu by 2030, and presents the reduction in carbon emissions from electrification in these vehicle segments based on two scenarios. If by 2030, 5% of all vehicle sales are converted to electric, the state …

Road map update for carbon capture, utilization, and storage demonstration and deployment in the People's Republic of China

This publication updates the 2015 carbon capture, utilization, and storage (CCUS) road map for the People's Republic of China (PRC). Reflecting changes in CCUS and low-carbon development targets in the PRC since 2015, the publication highlights the role of CCUS in decarbonizing hydrogen production from fossil fuels; CCUS-readiness of the …

The Africa climate action performance report

Although Africa’s greenhouse gas emissions are low, its contribution to climate change mitigation is critical to global climate action. This report evaluates Africa’s climate policy through the lens of ‘common but differentiated responsibilities,’ an asymmetrical allocation of responsibility for climate action, determined by differences in countries’ contributions to historical emissions …

Methane in Africa: a high-level assessment of anthropogenic methane emissions in Africa with case studies on potential evolution and abatement

As a potent greenhouse gas with a high global warming potential, assumed to be 34 times that of CO2 over a 100-year period, methane is responsible for more than one-fifth of total global greenhouse gas (GHG) emissions. Reducing anthropogenic methane emissions would have a drastic mitigation effect on climate change …

BP energy outlook 2022

Energy Outlook 2022 is focussed on three main scenarios: Accelerated, Net Zero and New Momentum. These scenarios are not predictions of what is likely to happen or what bp would like to happen. Rather they explore the possible implications of different judgements and assumptions concerning the nature of the energy …

The potential of 48V hybrids in India’s light-duty vehicle market

There is increasing interest in hybrid vehicles globally and India is no exception. With passenger car CO2 standards expected to become more stringent in the coming years, manufacturers are likely to turn to 48V hybrids for the Indian market, as is already happening in Europe. To help understand the future …

Financing net zero carbon buildings

This paper is the output of an exercise that aims to build the foundation for future work by the Cities Climate Finance Leadership Alliance (the Alliance) through a structured approach to analyze the challenges and priorities relevant to cities in decarbonizing the buildings sector. It is not an exhaustive study …

Solar PV global supply chains

Solar PV is a crucial pillar of clean energy transitions worldwide, underpinning efforts to reach international energy and climate goals. Over the last decade, the amount of solar PV deployed around the world has increased massively while its costs have declined drastically. Putting the world on a path to reaching …

Carbon capture landscape 2022

The Intergovernmental Panel on Climate Change (IPCC) released its Sixth Assessment report in April 2022. The nuance of what was heard likely depends on where interests lie. Some argue the recent report gives the green light for continued fossil fuel use with carbon capture and storage (CCS), while others contend …

The landscape of methane abatement finance

Sharp and rapid reductions in methane emissions this decade are essential to limiting global warming to 1.5°C. While carbon dioxide has a longer lasting effect, methane has 80 times the warming power of CO2 in the first 20 years after emissions reach the atmosphere, meaning methane is setting the pace …

Mitigating greenhouse gas emissions in hard-to-abate sectors

Many countries have made a commitment to reduce their greenhouse gas emissions to net zero by or around 2050. If some sectors have residual emissions, these must be compensated for by removing CO2 from the air and storing it. This can be done, for example, through large-scale reforestation or the …

Mild-hybrid vehicles: a near term technology trend for CO2 emissions reduction

This paper provides a comprehensive overview of mild-hybrid technology and recent developments in 48V mild hybridization of conventional vehicle powertrains. It estimates the CO2 reduction potential, as well as current and future system cost, for different mild-hybrid electric vehicle (MHEV) system configurations. It also reviews the market penetration trends and …

China's route to carbon neutrality: perspectives and the role of renewables

In September 2020, China announced that it would aim to reach a peak in its carbon dioxide (CO2) emissions before 2030 and achieve carbon neutrality by 2060. Over the past decade, China has remained the world’s biggest producer and consumer of energy, while its energy-related CO2 emissions had grown to …

Will the Developing World’s growing middle class support low- carbon policies?

As billions of people in the developing world seek to increase their living standards, their aspirations pose a challenge to global efforts to cut greenhouse gas emissions. The emerging middle class is buying and operating energy intensive durables ranging from vehicles to air conditioners to computers. Owners of these durables …

Legal and regulatory frameworks for CCUS

Carbon capture, utilisation and storage (CCUS) technologies are set to play an important role in putting the global energy system on a path to net zero. Successfully deploying CCUS relies on the establishment of legal and regulatory frameworks to ensure the effective stewardship of CCUS activities and the safe and …

Draft 2030 roadmap for carbon capture utilization and storage (CCUS) for upstream E&P companies

The Ministry of Petroleum and Natural Gas (MoPNG) has issued Draft 2030 Roadmap for Carbon Capture Utilization and Storage (CCUS) for Upstream E&P; Companies. The following has been stated namely: To provide a unified and practical strategy for development and implementation of Carbon Capture, Utilization and Storage (CCUS)/ Carbon Capture …

North and Central Asia transport outlook

This report provides scenarios for future transport demand and CO2 emissions in North and Central Asia up to 2050 to help decision makers chart pathways to sustainable, resilient transport. The scenarios reflect existing policy initiatives and specific constraints in the region. They also examine the potential impact of policies addressing …

Statistical review of world energy 2022

The challenges and uncertainties facing the global energy system are at their greatest for almost 50 years. bp’s Statistical Review of World Energy 2022 reveals that the growing shortages and increasing prices highlight the continuing importance of energy ‘security’ and ‘affordability’ alongside ‘lower carbon’ when addressing the energy trilemma.

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