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Net-Zero Carbon Economy: What it means

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Episode 26
43 min / Published
By GPCA

The GPCA Youth Council is delighted to present another episode of the GPCA Podcast which will focus on
the Net Zero Carbon Economy. You will hear from industry experts on how to achieve a net zero carbon
economy; are the 2050 and 2060 regional targets achievable; and what role does the industry play in the
journey to net zero?

Most of the global reductions in CO2 emissions through 2030 in our pathway come from technologies readily
available today. But in 2050, almost half the reductions come from technologies that are currently at the
demonstration or prototype phase.

In its recent analysis McKinsey suggests that under the NGFS Net Zero 2050 scenario, changes in policies,
technologies, and consumer and investor preferences would lead to considerable shifts in demand for various
goods and services. By 2050, oil and gas production volumes would be 55% and 70% lower, respectively,
than they are today. Coal production for energy use would nearly end by 2050.

So, what does this mean for the regional industry, and what is the chemical industry’s share of GHG
emissions? Find out the answers to these questions and more in the latest episode of the GPCA Podcast
delivered by the GPCA Youth Council.

Guest: 

  • Mais Haddadin Finn, Principal | Global Sustainability Lead, NEXANT Energy Chemicals Advisory
  • Mohammed Al-Zahrani, Manager, Sustainability Manufacturin, SIPCHEM

Host:

  • Mariam AlJarrah, Sourcing Specialist Procurement Department  EQUATE Petrochemical Company

For more podcasts and the latest i nsights on the regional chemical markets, visit www.gpca.org.ae/thought-leadership

 

 

Show notes

The GPCA Youth Council is delighted to present another episode of the GPCA Podcast which will focus on
the Net Zero Carbon Economy. You will hear from industry experts on how to achieve a net zero carbon
economy; are the 2050 and 2060 regional targets achievable; and what role does the industry play in the
journey to net zero?

Most of the global reductions in CO2 emissions through 2030 in our pathway come from technologies readily
available today. But in 2050, almost half the reductions come from technologies that are currently at the
demonstration or prototype phase.

In its recent analysis McKinsey suggests that under the NGFS Net Zero 2050 scenario, changes in policies,
technologies, and consumer and investor preferences would lead to considerable shifts in demand for various
goods and services. By 2050, oil and gas production volumes would be 55% and 70% lower, respectively,
than they are today. Coal production for energy use would nearly end by 2050.

So, what does this mean for the regional industry, and what is the chemical industry’s share of GHG
emissions? Find out the answers to these questions and more in the latest episode of the GPCA Podcast
delivered by the GPCA Youth Council.

Guest: 

  • Mais Haddadin Finn, Principal | Global Sustainability Lead, NEXANT Energy Chemicals Advisory
  • Mohammed Al-Zahrani, Manager, Sustainability Manufacturin, SIPCHEM

Host:

  • Mariam AlJarrah, Sourcing Specialist Procurement Department  EQUATE Petrochemical Company

For more podcasts and the latest i nsights on the regional chemical markets, visit www.gpca.org.ae/thought-leadership

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