TotalEnergies Nigeria, IOCs spell strategies to low carbon future. The companies gave their perspectives on Tuesday, February 22, 2022 during a panel session at the ongoing sixth Edition of the sub-Saharan African International Petroleum Exhibition and Conference organized by the Petroleum Technology Association of Nigeria (PETAN) in Lagos.
READ MOREHence, Nigeria should be actively involved in low-carbon emission (for now), while gradually transiting to zero-carbon emission by 2060. Gradual transition is paramount at this time, as she cannot abruptly do away with petroleum, owing to a poorly diversified economy – this is the major challenge with decarbonisation in Nigeria.
READ MOREThe CO2 emissions trend and their reduction potential in the Nigerian manufacturing sector from 2010 to 2020 were studied. The Logarithmic Mean Divisia Index was applied to decompose the change in CO2 emissions into pre-set factors: carbon intensity effects, firm energy intensity effects, cost structure effects, asset-turnover effect,
READ MOREOur analysis indicates that S4 scenario will have the highest amount of GHG emission reduction but with the technical limit of bioenergy supply in the country. However, for effective realization of a low carbon Nigeria and energy security by 2050, there is a need for policy trade-offs between energy demand reduction and GHG emissions
READ MORE"The harvest of these emissions reduction is normally contained in what we call an emissions reduction certificate, which can be translated into carbon credit, and then sold to potential buyers within the country and outside." In Nigeria, The Carbon Tax Act came into force on 1 June 2019. The carbon tax was designed to apply to direct
READ MOREThe result of the analysis shows that industrial value-added has an inverse and significant relationship with CO 2 emissions, which suggests that there is no evidence that industrialisation increases carbon emissions in Nigeria. GDP per capita and population has positive and significant impacts on CO 2 emission.
READ MORECO2 Emissions in Nigeria increased to 127029.25 KT in 2021 from 120337.90 KT in 2020. CO2 Emissions in Nigeria averaged 75078.22 KT from 1960 until 2021, reaching an all time high of 127029.25 KT in 2021
READ MOREShell''s strategy to achieve net-zero emissions. We have set targets to reduce the carbon intensity (Net Carbon Footprint) of the energy products we sell, in step with society. This includes short-term targets of 2-3% by 2021, 3-4% by 2022, and 6-8% by 2023 (compared to 2016). It also includes medium- and long-term targets of 20% by 2030, 45% by
READ MOREThe study evaluates the Act''s potential in promoting energy security and global net-zero carbon emissions. Nigeria faces challenges in recovering from the
READ MORESince Nigeria is predominantly a petroleum-driven economy, in addition to its inadequate infrastructure and technological capacity to support the rapid growth to higher renewable energy share and high cost of zero-emission vehicles (ZEVs), a slow transition via low carbon technologies to zero carbon technologies is the most plausible path for
READ MOREThe vision states that: By 2050, Nigeria is a country of low-carbon, climate-resilient, high- growth circular economy that reduces its current level of emissions by 50%, moving towards having net-zero emissions across all sectors of its development
READ MORENigeria''s 2021 NDC update includes emissions reduction objectives for carbon, methane, hydrofluorocarbons, particulate matter (PM 2.5), and nitrous oxides (NOx): 60% reduction in fugitive methane emissions by 2030. The priority mitigation measure in the waste sector is a 10% reduction in methane emissions.
READ MOREAppraisal of the Vision 20-2020 and Low Carbon Scenario. EX-ACT appraisal 2011-2036 05/05/2011 Working draft Pierre-Luc Sutter, FAO consultant, TCSP NV2020 Nigeria Vision 2020 REDD Reduced Emissions from Deforestation and forest Degradation SLM Sustainable Land Management SLWM Sustainable Land and Water Management
READ MORESpecifically, a major milestone for Nigeria''s effective response to the challenges of climate change, is the signing of the 2015 Paris Agreement to which the country ratified in March 2017. This Agreement constitutes a major role in promoting the transition to a low carbon economy. Thus, the purpose of this
READ MORENigeria, Africa''s biggest crude producer, joined some of the world''s largest energy exporters -- Saudi Arabia and Russia -- in pledging to eliminate planet-warming emissions by 2060. The West
READ MORECO2 emissions (metric tons per capita) - Nigeria. Emissions data are sourced from Climate Watch Historical GHG Emissions ( 1990-2020 ). 2023. Washington, DC: World Resources
READ MOREHence, Nigeria should be actively involved in low-carbon emission (for now), while gradually transiting to zero-carbon emission by 2060. Gradual transition is paramount at this time, as she cannot abruptly do away with petroleum, owing to a poorly diversified economy – this is the major challenge with decarbonisation in Nigeria.
READ MOREAfrican manufacturing currently emits about 440 megatons of carbon dioxide equivalent (MtCO 2 e)—about 30 to 40 percent of total African emissions. 10 If Africa''s manufacturing sector follows the growth trajectory of developed markets over the past 20 to 30 years, it will likely double in size, and without any decarbonization efforts its
READ MORETotal CO2 emissions from energy. Energy is responsible for the majority of climate change-causing greenhouse gas emissions, mostly from the burning of fossil fuels. Despite
READ MOREPublished by. Doris Dokua Sasu, Apr 28, 2023. South Africa was the most polluting country in Africa in 2021. That year, it emitted nearly 436 million metric tons of carbon dioxide (CO2). Egypt
READ MOREThe Federal Government of Nigeria has adopted Vision 20: 2020—an ambitious strategy to make Nigeria the world''s 20th largest economy by 2020. In the
READ MORETotal CO2 emissions from energy. Energy is responsible for the majority of climate change-causing greenhouse gas emissions, mostly from the burning of fossil fuels. Despite efforts to reduce these emissions, the trajectory of CO2 emissions globally remains far higher than what is needed to avoid the worst effects of climate change.
READ MOREFollowing the ratification of the Paris agreement in March 2017, Nigeria submitted in 2021 its final updated Nationally Determined Contribution (NDC) by which
READ MOREIn pursuit of net-zero greenhouse gases emissions goals, Nigeria faces challenges like fossil fuel dependence, environmental degradation and energy inefficiency, necessitating
READ MOREWe can reduce emissions by (1) using less energy; and/or (2) using lower-carbon energy. This metric monitors the second option. As we transition our energy mix towards lower
READ MORENigeria has remained at the forefront of responding to its obligations to the United Nations Framework Convention on Climate Change (UNFCCC) since the ratification of the Convention. of carbon dioxide (CO 2), the emissions of methane (CH 4), nitrous oxide (N 2O); and the emissions of the CO 2 precursors, including oxides of nitrogen oxides
READ MOREThe Nigerian Government has launched the Emissions Trading Scheme, ETS, which is to provide policy recommendations that will guide National transition of a green economy. The government says the establishment of the trading scheme is in line with the legal framework provided in the Climate Change Act 2021 to help in the reduction of
READ MORECapturing this gas and using it to replace other fuels– for power generation, transportation and other industrial purposes– will reduce Nigeria''s carbon
READ MOREThis study explores sustainable development and achieving net-zero emissions by assessing the impact of solar energy adoption on carbon emissions in 40 high and upper middle-income nations and 22 low and lower middle-income countries from 2000 to 2021. Dynamic GMM analysis reveals substantial potential in mitigating
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