Greenhouse gas (GHG) emissions from the chemical and petrochemical industry are forecast to reach nearly 2.8 billion metric tons of carbon dioxide equivalents (MtCO₂e) by 2030, if no action is taken. This would represent an increase of some 50 percent in comparison to the value reported in 2010. In order to meet the target temperature rise of 1.5ºC, the idustry's emissions should stand around 1.5 MtCO₂e by 2030. This would represent a 46 percent reduction in the emissions when compared to the baseline scenario. Decarbonizing the chemical and petrochemical industry is a challenge, as it is known to rely heavily on oil.
Greenhouse gas emissions of the chemical and petrochemical industry worldwide in 2010 and 2020, with a forecast until 2030, by scenario
(in million metric tons of CO₂ equivalent)
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Oliver Wyman. (January 20, 2022). Greenhouse gas emissions of the chemical and petrochemical industry worldwide in 2010 and 2020, with a forecast until 2030, by scenario (in million metric tons of CO₂ equivalent) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1343676/global-ghg-emissions-from-the-chemical-and-petrochemical-industry-by-scenario/
Oliver Wyman. "Greenhouse gas emissions of the chemical and petrochemical industry worldwide in 2010 and 2020, with a forecast until 2030, by scenario (in million metric tons of CO₂ equivalent)." Chart. January 20, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1343676/global-ghg-emissions-from-the-chemical-and-petrochemical-industry-by-scenario/
Oliver Wyman. (2022). Greenhouse gas emissions of the chemical and petrochemical industry worldwide in 2010 and 2020, with a forecast until 2030, by scenario (in million metric tons of CO₂ equivalent). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1343676/global-ghg-emissions-from-the-chemical-and-petrochemical-industry-by-scenario/
Oliver Wyman. "Greenhouse Gas Emissions of The Chemical and Petrochemical Industry Worldwide in 2010 and 2020, with a Forecast until 2030, by Scenario (in Million Metric Tons of Co₂ Equivalent)." Statista, Statista Inc., 20 Jan 2022, https://www.statista.com/statistics/1343676/global-ghg-emissions-from-the-chemical-and-petrochemical-industry-by-scenario/
Oliver Wyman, Greenhouse gas emissions of the chemical and petrochemical industry worldwide in 2010 and 2020, with a forecast until 2030, by scenario (in million metric tons of CO₂ equivalent) Statista, https://www.statista.com/statistics/1343676/global-ghg-emissions-from-the-chemical-and-petrochemical-industry-by-scenario/ (last visited August 25, 2024)
Greenhouse gas emissions of the chemical and petrochemical industry worldwide in 2010 and 2020, with a forecast until 2030, by scenario (in million metric tons of CO₂ equivalent) [Graph], Oliver Wyman, January 20, 2022. [Online]. Available: https://www.statista.com/statistics/1343676/global-ghg-emissions-from-the-chemical-and-petrochemical-industry-by-scenario/