Following from the December COP28 climate summit, we find ourselves at a pivotal juncture with the world’s governments clearer than ever about “transitioning away from fossil fuels.” Now, what is next for the oil sector and for all of us—the consumers of oil? Is COP’s sweeping announcement setting a ceiling for the global ambition on climate, or merely a floor?
As oil is phased out sector-by-sector, how can the electrification of vehicles handle demand for road transport? And what about the sectors where substitutes are still a work in progress, like petrochemicals, aviation and shipping? Is it really feasible to phase out oil completely, as we discussed with the IEA in the previous episode?
In this episode, we explore these questions with Anand Gopal, the Executive Director of Policy Research at Energy Innovation, an energy transition think tank based in San Francisco. We review the findings from several of Energy Innovation’s recent reports, we discuss the outlook for oil demand, and we get Anand’s first-person observations from this year’s COP.
[Episode #106] – Transition in South Africa
[Episode #105] – Can Competition Decarbonize Electricity?
[Episode #104] – 4-Year Anniversary Show
[Episode #103] – A Return to Regionalism
[Episode #102] – Transition as Wildfire Adaptation in California
[Episode #101] – What We Don’t Know About Energy Transition
[Episode #100] – Teaching Energy Transition
[Episode #99] – Metals Supply in Energy Transition
[Episode #98] – Why Building Transmission is So Hard
[Episode #97] – How State Policies Can Drive Decarbonization
[Episode #96] – Sustainable Mobility
[Episode #95] – Powering the world with RE
[Episode #94] – Integrated Decentralized Power Systems
[Episode #93] – Energy Transition in India and Southeast Asia, Part 2
[Episode #92] – Financing Coal Plant Retirements
[Episode #91] – Energy Transition in India and Southeast Asia, Part 1
[Episode #90] – How Will Decarbonized Power Markets Work?
[Episode #89] – Energy Access and Health
[Episode #88] – Energy Trade in Transition
[Episode #87] – The Value of Flexible Solar
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