2 Matching Annotations
  1. Nov 2023
    1. In a scenario that hits global net zero emissions by 2050, declines in demand are sufficiently steep that no new long lead-time conventional oil and gas projects are required. Some existing production would even need to be shut in. In 2040, more than 7 million barrels per day of oil production is pushed out of operation before the end of its technical lifetime in a 1.5 °C scenario.
      • for: stats - oil and gas industry - steep drop in production

      • stats - oil and gas industry - steep drop in production

        • no new fields can be developed to meet a 1.5 Deg C scenario
        • any new developments face the certain risk of being a stranded asset
        • by 2040, 7 million less barrels of oil are produced each day to meet a 1.5 Deg C scenario
  2. Jan 2020
    1. Mining can include extraction of metals and minerals, like coal, diamond, gold, silver, platinum, copper, tin and iron. Mining can also include other things like oil and natural gas.

      How do you mine gas?