A new study from OGCI and FEV Consulting looks at pathways to enable a transition to sustainable, low-carbon transportation across key regions.
While shifts in energy use may appear gradual until 2030, a significant pivot is expected by 2040, driven by climate policies and advancements in electrification and alternative fuels.
The report, which focuses on the EU, US, China, and Brazil – regions which together account for 60% of global transport energy demand –examines how diverse policies and competitive dynamics shape unique decarbonization pathways.
As demand for renewable electricity, alternative fuels and biomass increases, transport and other sectors will need to navigate growing competition for these critical resources.
To explore the full findings and recommendations, download the report now.
The Oil and Gas Climate Initiative is a CEO-led organization bringing together 12 of the largest oil and gas companies worldwide to lead the industry’s response to climate change.
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