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Clean technologies can reduce primary energy consumption by around
40 percent by increasing vehicle efficiency, improving building design and reducing energy used for cooking and washing, according to a new report from BP.
BP: Clean technology is expected to reduce energy consumption by 40%.
The report shows that while it is technically feasible to meet the goals of the Paris Climate Agreement, technological advances alone will not achieve the required carbon reductions, and significant investments
will be needed in other areas.
BP has shown that further action should include policy measures, such as putting a price on carbon emissions, and encouraging consumers to make more sustainable choices
.
Digital technologies such as sensors, big data and artificial intelligence can have a significant impact on carbon emissions and electrify
light vehicles such as cars and motorcycles, the report said.
BP expects LNG to be used for heavy vehicles such as trucks and ships, as LNG is a more competitively priced fuel
.
Biofuels are expected to be the most viable solution
to reduce aviation emissions.
BP says onshore wind will be the most economical source of electricity by 2050, while grid-scale solar power will also become more competitive
.
Clean technologies are expected to reduce the average life cycle cost of oil and gas production by nearly one-third
, the report added.
Lamar McKay, vice president of BP, said: "The future of the global energy system will be shaped
by a variety of technologies.
We are clear that a carbon price is the most effective tool
to accelerate the transition to a low-carbon economy.
”
，
Clean technologies can reduce primary energy consumption by around
40 percent by increasing vehicle efficiency, improving building design and reducing energy used for cooking and washing, according to a new report from BP.
BP: Clean technology is expected to reduce energy consumption by 40%.
The report shows that while it is technically feasible to meet the goals of the Paris Climate Agreement, technological advances alone will not achieve the required carbon reductions, and significant investments
will be needed in other areas.
BP has shown that further action should include policy measures, such as putting a price on carbon emissions, and encouraging consumers to make more sustainable choices
.
Digital technologies such as sensors, big data and artificial intelligence can have a significant impact on carbon emissions and electrify
light vehicles such as cars and motorcycles, the report said.
BP expects LNG to be used for heavy vehicles such as trucks and ships, as LNG is a more competitively priced fuel
.
Biofuels are expected to be the most viable solution
to reduce aviation emissions.
BP says onshore wind will be the most economical source of electricity by 2050, while grid-scale solar power will also become more competitive
.
Clean technologies are expected to reduce the average life cycle cost of oil and gas production by nearly one-third
, the report added.
Lamar McKay, vice president of BP, said: "The future of the global energy system will be shaped
by a variety of technologies.
We are clear that a carbon price is the most effective tool
to accelerate the transition to a low-carbon economy.
”
，
