Oil & gas operations emissions in the NZE scenario worldwide 2022-2050

Published by Ian Tiseo, May 24, 2023
Oil and gas operations produced approximately five billion metric tons of carbon dioxide equivalent (GtCO₂e)worldwide in 2022, accounting for roughly 15 percent of total global energy-related greenhouse gas emissions. Under the IEA's Net Zero Emissions by 2050 Scenario (NZE), Scope 1 and 2 emissions from the production, transport, and processing of oil and gas could result in a 60 percent reduction to 2030.

Total greenhouse gas emissions of oil and gas operations worldwide in the Net Zero by 2050 scenario from 2022 to 2030, by fuel type (in billion metric tons of carbon dioxide equivalent)

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Release date

May 2023

Region

Worldwide

Survey time period

2022

Supplementary notes

The IEA's Net‐Zero Emissions by 2050 Scenario (NZE) involves transformation of the global energy system that is unparalleled in its speed and scope. Policies are rapidly introduced to reduce emissions from existing fossil fuel infrastructure and to scale up the deployment of clean energy technologies. It is consistent with limiting the global temperature rise to 1.5 °C with no or limited temperature overshoot.

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