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Reaction to IPCC report

Published by , Editorial Assistant
World Pipelines,

On 20 March, climate scientists appealed directly to everyone on the planet to seize a dwindling chance to limit global warming to 1.5 °C (2.7 °F), or risk harming people living today and their descendants for thousands of years.

A previous IPCC report already set a benchmark for cuts in GHG emissions by 2030, of 43% below 2019 levels, to have a 50% chance of keeping warming to 1.5 °C. But such cuts are, so far, theoretical.

Global energy-related carbon emissions rose almost 1% in 2022 to a new record high, according to the International Energy Agency. Temperatures are currently on track to reach 2.7 °C by 2100 with current policies, according to a Climate Action Tracker compiled by scientists.

Delegates at the Interlaken talks said Saudi Arabia and other oil producers had resisted calls by vulnerable nations, including small island states at risk of rising seas, for more explicit language in the report summary calling for a phase-out of coal, oil and gas in favour of renewable energy.

Following this report, Neil Poxon, CEO at Oxford Flow, reacted to the findings, highlighting the need for industry to consider every aspect of our systems to eliminate unnecessary emissions and/or risk, while driving forward the energy transition.

Neil Poxon said on 20 March:

“Today’s IPCC report demonstrates an urgent need to reduce GHG emissions, now. An often-overlooked contributor of GHG emissions are valves, which account for approximately 60% of fugitive emissions, and not enough is being done across high-emitting industries, like gas networks or fossil fuel production, to remove, replace and innovate.

“Our goal has always been to create valves that not only eliminate emissions but go beyond that, enabling the energy transition by getting ahead of the problem to develop solutions that are suitable for emerging sectors like hydrogen. If we are to meet targets and avoid the damning findings of the latest IPCC report, we need to think about every aspect of our energy systems, instead of overlooking what is deemed to be ‘fine’ or only a small part of the puzzle. Every piece of the puzzle needs to be scrutinised for long-term change to be possible.”

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