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.
[eLab Extra #7] – How NREL Supports Energy Transition
[eLab Extra #6] – Building EV Charging Infrastructure
[eLab Extra #5] – EVs and More in Austin, TX
[eLab Extra #4] – Transition in New York and the World
[Episode #34] – Transition in the North Sea and Netherlands
[eLab Extra #3] – Grid Modernization and DERPs
[eLab Extra #2] – Hawaii’s Energy Transition
[eLab Extra #1] – Next Generation Demand Response
[Episode #33] – Fracking Follies
[Episode #32] – Resources and Economy
[Episode #31] – Transition in Ireland
[Episode #30] – The Future of Wind
[Episode #29] – Grid Simulation and Wind Potential
[Episode #28] – Transition in Cities
[Episode #27] – Better Grid Modeling
[Episode #26] – Geoengineering
[Episode #25] – The Energy-Water Nexus
[Episode #24] – Starting Over
[Episode #23] – Facts and Falsehoods in Energy Transition
[Episode #22] – Can Economics Guide the Energy Transition?
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