Trotz Netto-Null-Ziel: Exxon rechnet 2050 mit Ölverbrauch auf aktuellem Niveau

Submission Statement:

This article highlights the rapidly diminishing dream of reaching Net Zero by 2050, let alone earlier than that. Exxon’s estimates are slightly higher than the IEA for oil demand and inline with those issued by OPEC (see link below). In either case, it still puts us on a path to significantly more warming than 1.5c, meaning we are likely on the path to the upper end of the IPCC scenarios, which are between 2.5c to 4c by the end of the century.

We may already be at 1.5c and brushing against 2c by the end of the decade or 2030s. It’s hard to know if we are at the leading edge of an increase, since the official numbers look at 10 year periods. Given that temps have remained high for 18 months, it must be at least considered that 1.5c is no longer a target we can hit.

With all the ongoing climate disasters at current temps, a shift away from fossil fuels is more important than ever. We do **not** want to see what happens at 2c and beyond. Unfortunately, the political and social will does not seem to be there to do so.

https://www.argusmedia.com/en/news-and-insights/latest-market-news/2501876-iea-sees-long-oil-demand-plateau-after-peak

Exxon, in its entirely unbiased estimation, forecasts that it will always be profitable.