Upstream scope 1 & 2 emissions intensity down 12% since 2017, but more work is needed on absolute emissions
- Last Updated on March 7, 2024
- Decarbonization
Despite the industry’s decarbonisation efforts, higher production volumes will push total value chain emissions to pre-pandemic levels by 2028 Scope 1 and 2 upstream emissions intensity has declined 12% since 2017, however, absolute emissions could plateau due to production growth, according to a new report from Wood Mackenzie. According to the report “Is upstream oil &
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