PETROANALYSIS || ARTICLE
Decarbonisation… a worrisome prospect for many
By Mazhar Al-Shereidah
Looking at the above graphic leads to some striking observations:
1. Coal, the most contaminating and the very original fuel of the Industrial Revolution and all its catastrophic consequences for the environment, is the less affected fossil fuel of all.
2. Natural gas, which is used to be considered as the most suitable substitute for oil thanks to it’s less damaging environmental effects, still takes a strong hit by 2040.
3. The worst hit fossil fuel, by large, is oil.
It is worth to elaborate a table to see the countries (and of course the economies) most hit by international agreements which inevitably follow such scientific indicators.
Weather or any geopolitical motivations behind this, is another question.