Net Zero Industry Tracker 2024 Oil and Gas

Page 6 of 15 · WEF_Net_Zero_Industry_Tracker_2024_Oil_and_Gas.pdf

Decarbonization levers and top mitigation methods (NZE Scenario) FIGURE 66 2022 2030 20504060708090 20 0103050kg CO2e/boe Hydrogen TransportMethane reduction Electriﬁcation and efﬁciency CCUS Flaring reduction-55% -79%Top three mitigation methods Methane reduction Expected to reduce emissions by 44% Electriﬁcation and efﬁciency Expected to reduce emissions by 37% Flaring reduction Expected to reduce emissions by 10% Source: IEA. 6 Net-Zero Industry Tracker: 2024 Edition

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