Decarbonised gas key to Paris target — DNV GL report

Natural gas is expected to be the dominant fossil fuel and source of emissions by 2050, so industry, governments and research institutions must work together to accelerate CCS implementation

The world is set to overshoot its Paris Agreement emissions target, resulting in a 2.3°C rise in average temperatures by 2100 even if all planned measures and strategies are implemented, according to the annual Energy Transition Outlook by risk management and quality assurance advisor DNV GL, to be launched tomorrow morning. The predicted elevation of natural gas over the next decades to a leading position in the energy system—helpfully displacing far more carbon-intensive coal—means that the transition fossil fuel will become the largest contributor of CO2 emissions (see Fig. 1). Under announced strategies, globally just 13pc of gas consumption will be in decarbonised by 2050. “It is now ti