• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, August 22, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result
ADVERTISEMENT

Net Zero Emissions Impossible Without New Policies, Tech – ExxonMobil

by Chika Izuora
2 years ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

 

Advertisement

Oil major, ExxonMobil, has warned of significant temperature rise as the world appears not to be on track to stop temperatures from rising by more than 2C by 2050.

ExxonMobil stated this on Monday in its Global Outlook, which also called for increased investments in oil and gas.

According to Exxon’s latest report, the world’s climate goals are in jeopardy as the world stares down more people, more prosperity, and more energy by 2050.

And while emissions will decline as low-carbon solutions continue to be developed, reaching net-zero emissions will prove impossible unless new emissions policies and technologies are developed, along with the establishment of market-driven mechanisms.

RELATED

RMAFC

Ongoing Salary Review For Stability, Governance Structure Growth – RMAFC

1 hour ago
Shareholders Laud IMG Over 40kobo Dividend

Nigeria Deepens $25bn Gas Network As Africa Discusses $170bn Infrastructure Gap

1 hour ago

“The world may be different then, but the need to provide the reliable, affordable energy that drives economic prosperity and better living standards, while reducing greenhouse gas emissions, will remain just as critical as it is today,” Exxon said in its latest report as it went on to explain that energy use and economic development were inseparable and that energy poverty brings poverty.

According to Exxon, all energy types will be needed in order to raise living standards and reduce emissions. Exxon’s Global Outlook projects that the biggest change in the energy mix between now and 2050 will be significant increases in wind and solar power, while reducing coal power.

“Energy from solar and wind is projected to more than quintuple, from 2 per cent of the world’s supply to 11 per cent.

Coal will increasingly be displaced by lower-emission sources of electricity production – not just renewables but also natural gas, which has about half the carbon intensity of coal. Overall, electricity use grows 80 per cent by 2050,” the Global Outlook reads.

Still, it said, oil and gas will continue to make up more than half of the world’s energy supply, even by 2050, adding that, oil and natural gas are projected to remain a critical component of a global energy system through 2050, with sustained investments essential to offset depletion as production naturally declines by 5-7 per cent per year.


Join Our WhatsApp Channel

BREAKING NEWS: Nigerians in Nigeria and those in diaspora can now earn Dollars while at home with Ultra-Premium domains, acquire them for $1700 and profit up to $25,000. Click here to start.

US based Nigerian used a secret app to catch his cheating wife in Nigeria, Click here to see step by step on how he uncovered the truth


SendShare10176Tweet6360Share
Previous Post

Bitter Tales About Exploitation Of Children As Maids Persist

Next Post

Max Air Recommits To Safety, Lauds NCAA Over Audit

Chika Izuora

Chika Izuora

You May Like

RMAFC
Business

Ongoing Salary Review For Stability, Governance Structure Growth – RMAFC

2025/08/22
Shareholders Laud IMG Over 40kobo Dividend
Business

Nigeria Deepens $25bn Gas Network As Africa Discusses $170bn Infrastructure Gap

2025/08/22
Business

Federal Gov’t Moves To Save N24bn From Official Air Travels

2025/08/22
Top FAO Officials Arrive Nigeria Today
Agriculture

FAO Launches 2025 Food, Agriculture Policy Monitoring Review

2025/08/22
Nigeria
Business

Nigeria’s Foreign Reserves Rise To $41bn, Highest Since 2021

2025/08/21
Ethiopian Airlines Expands Abuja Operations
Business

Ethiopian Airlines Expands Abuja Operations

2025/08/21
Leadership Conference advertisement

LATEST

Anambra LP Lawmakers Fault Handling Of Assault On NYSC Member

Sultan, Emir Of Ilorin Hail Ladoja’s Emergence As New Olubadan

Putin As The President’s Medicine

Olu Of Warri Leads Regatta At Coronation Anniversary

Leave Us In Imo State, Ogbako Ohaji Tells Senate

Adamawa Seeks IOM Database To Scale Up Planning For IDPs

2027: Duhu Condemns Anti-Shettima Remarks

Ongoing Salary Review For Stability, Governance Structure Growth – RMAFC

Nigeria Deepens $25bn Gas Network As Africa Discusses $170bn Infrastructure Gap

Federal Gov’t Moves To Save N24bn From Official Air Travels

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.