Net-zero emissions: glossary of terms
Since the Paris Agreement, IPIECA has continued to work on the topic of low-emissions pathways highlighting the fundamental role and contribution of the oil and gas industry in addressing the challenge of a transition to a low-emissions future. The concept of net-zero emissions is a key element of the discussion around low-emission pathways and the energy transition required to meet the aims of the Paris Agreement.
This glossary was developed to support the oil and gas industry and other stakeholders in the use of consistent terminology around net-zero emissions.
The definitions used in this glossary are based upon those which have been observed in the public domain, including academic papers, industry experience and member companies’ experts. Many of these definitions have been adapted for ease of understanding, however those which have been included verbatim, or near verbatim, have citations.
It is important to note, that this is an evolving area and many of the definitions contained within this glossary will most likely continue to be refined and updated as time progresses.
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Global status of carbon capture and storage
The Global CCS Institute (the Institute) is an international think tank whose mission is to accelerate the deployment of carbon capture and storage (CCS), a vital technology to tackle climate change. As a team of over 30 professionals, working with and on behalf of our Members, we drive the adoption ...
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Net-zero emissions: glossary of terms
Since the Paris Agreement, IPIECA has continued to work on the topic of low-emissions pathways highlighting the fundamental role and contribution of the oil and gas industry in addressing the challenge of a transition to a low-emissions future. The concept of net-zero emissions is a key element of the ...
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The crucial role of low-carbon hydrogen production to achieve Europe’s climate ambition
Hydrogen has emerged as a central narrative of the European Green Deal. With the legally-binding objective of climate neutrality by 2050, set by the European Climate Law and the increased climate target for 2030, the need to speed up the efforts towards climate change mitigation is evident. The EU is ...
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Short-haul flying and sustainable connectivity
The emergence of global targets to decarbonise have brought with them increased scrutiny of transport and of aviation in particular. One proposed means of reducing greenhouse gas emissions from transport is a modal shift from air to rail. This has been encouraged both through investment in rail infrastructure, ...
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Global Energy Outlook 2022: Turning Points and Tension in the Energy Transition
RFF's annual Global Energy Outlook report examines a range of projections for the global energy system, summarising key implications for global energy consumption, emissions, and geopolitics. About the authors: Daniel Raimi is a fellow at Resources for the Future (RFF) and a lecturer at the ...
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State of the Art: CCS Technologies 2022
With the emergence of Carbon Capture and Storage as an essential tool to limit climate change impact and reduce emissions from energy intensive industries, interest in CCS has been growing at an unprecedented rate in recent years. As a result of the key role played by CCS in the energy transition ...
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Biomass availability and sector competition
The present version of the report is a draft sent out for review by selected stakeholders. Subject to exposing our findings to review comments during a webinar June 2nd 2022, the report will be prepared as a final version. The aims of this project have been to: - Provide an overview of recent scientific ...
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Renewable Energy Market Update
Renewable energy has great potential to reduce prices and dependence on fossil fuels in short and long term. Although costs for new solar PV and wind installations have increased, reversing a decade-long cost reduction trend, natural gas, oil and coal prices have risen much faster, therefore actually ...
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Jet Zero Strategy: Delivering net zero aviation by 2050
The early evolution of air travel in this country — from the first commercial flight to the first jet airliner, the British Comet — took just 30 years. In that short time, aviation technology developed at an astonishing pace. But it showed what we can achieve. We now have even less time to transform ...
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UK public sector support for hydrogen research and innovation
The UK government has put research, innovation and ‘learning by doing’ at the heart of its approach to developing a thriving UK hydrogen sector — as set out in the 2021 UK Hydrogen Strategy. Research and innovation (R&I) will be vital to accelerating the growth of the UK hydrogen economy: it ...