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One of the big challenges we are facing today is the climate changes and how can deploy all available mechanism to reduce the carbon footprint, the Standford university published an article where some recent researches showed that in 2023 ; global carbon dioxide reached 40 billion tons from which 37 BT are generated from fossil fuels, based on another report released by the I.E.A 80% of the global energy uses still relying on fossils ; the share of Oil 30%, Coal 27% but Natural gas has the last share of 22% , but this is the point , we are all aware that Natural gas is emitting less than 60% of carbon compared to Coal but even that its ranking the third among fossils , Now its vital for us to understand that deeply , if we want a targeted energy transition its obviously clear that we have to lessen the coal’s share in combustion and natural gas has to occupy better position in the global energy transition , India for example is generating roughly 75 % of electricity from coal, a gradual shift from Coal to Natural gas or directly to renewables will certainly participate the tackle the climate change , fossils still dominating the global energy needs that’s why it will be tough to find a quick alternative in a very short and even medium terms.
In Ranadrill, we strongly belive that fossils are staying with us for longer as their share is so important and making an arbitrary move will impact the global energy supplies, the priority is not to eliminate the existing energies but its to redistribute the positions among the fossils by carbon emissions so we make an energy transition among fossils , the next concern which has to be in parallel which is the decarbonization of the fossils while extracting-processing-transporting and even once burning in the last stage of energy generation.
COLLABORATIVE SOLUTIONS
we keep a close key with our customers sharing our analyses and helping them reshaping their future’s strategy to lessen the carbon footprint but logically as fossils are here but we have to manage to keep producing with very less impact of the ozone layer.
Servcorp Administration Services LLC,Level 17, World Trade Center Abu Dhabi
+971554928346
contact@ranadrill.com
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