Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure
Green Car Congress
NOVEMBER 4, 2021
In the paper, the researchers link econometric models of the production profitability of 1,933 global oilfields (representing about 90% of the world’s supply in 2015) with their production carbon intensity, a measure of the amount of carbon emitted per unit of energy (or barrel of oil) produced. —Mohammad Masnadi.
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