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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 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 ...

  • 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 ...

  • 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, ...

  • 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 ...

  • 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 ...

  • 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 ...

  • 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 ...

  • Maritime Decarbonization Strategy 2022

    The Maritime Decarbonization Strategy reviews the progress of the transition in the shipping sector so far and outlines the actions the industry must take to move closer to the Paris 1.5°C trajectory. The conclusions and recommendations presented in the report are based on analyses and modelling work ...

  • The Role of E-fuels in Decarbonising Transport

    Rapid deployment of low-emission fuels during this decade will be crucial to accelerate the decarbonisation of the transport sector. Significant electrification opportunities are available for the road transport sector, while the aviation and marine sectors continue to be more reliant on fuel-based solutions ...

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