The impact of carbon emission on GCC’s oil and gas sector
Keywords:
carbon, gas sectorAbstract
The world is currently facing a persistent issue known as global warming or climate change. Climate change is due to the ongoing temperature increase that is caused by gas emissions and human activities that heavily rely on non-renewable energies e.g., extraction of fossil fuels and gas. To achieve a sustainable economy and fight climate change, the world is making lifestyle changes that aim to minimize carbon emissions and prioritize renewable energies and new technologies.
The Gulf Cooperation Council (GCC) is known to have an economy that is heavily reliant on producing and exporting oil and natural gas. However, the oil and gas industries are the leading challenges of climate change. Thus, the reduction of greenhouse emissions will enforce the oil and gas industries in the GCC to shift towards sustainability.
Therefore, this research paper aims to study the impact of the carbon footprint on the GCC's oil and gas industry as well as its challenges and opportunities. The GCC has showcased practices and innovative strategies to move towards a sustainable approach in its industries. Therefore, to enable the GCC’s gross domestic products to focus on cleaner energies that are environmentally friendly by 2050 (Al-Omari,2020). This study is based on secondary data to accommodate the projects, contributions of society, and sustainable approaches by the GCC countries in recent years and to study thoroughly the impact of this change on the oil and gas sectors using scholarly articles, journals, websites, books, etc.
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Copyright (c) 2023 Hana Ossama Nabil, Shireen Khalifa Al Naamani, Mariam Khalid Suleiman El Mubarak, Vikas Rao Naidu
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