This article looks at what BP has to say:
BP Energy Outlook 2023 | NOT A LOT OF PEOPLE KNOW THAT (wordpress.com)
The Net Zero scenario completely unrealistic. Nobody seriously believes the whole world will have to all intents and purposes eliminated CO2 emissions by 2050. The whole idea that China, India and the rest of the developing world is going to give up the extra energy their economies need to grow is absurd. Under the only rational projection, which the report calls New Momentum, fossil fuels will still be supplying 55% of the world’s energy in 2050, with renewables well down the list at 35%.
Should we reach accelerated scenario, then carbon emissions are reduced 75% which would mean fossil fuels would be about 25% of energy supply. Net zero would mean about 5% of energy supply.
ReplyDeletehttps://www.nwitimes.com/business/local/bp-predicts-uncertainties-around-transition-to-cleaner-energy/article_62225321-a2dc-55f8-b74d-029d3fe3ef44.html
Carbon emissions would be curtailed by 75% by 2050 in BP’s accelerated scenario and 95% in the net zero scenario, which presupposes a shift in societal behavior like the wholesale adoption of electric vehicles.