Oil and gas upstream, midstream operations primed for affordable decarbonization: IEA

Reducing scope 1 and scope 2 emissions from oil and gas activities is the most cost-effective way to reduce emissions by 2030 compared to any other source in the global economy, the International Energy Agency said in a May 3 report. The IEA estimates that 15% of energy-related emissions, or 5.1 billion mt of CO2e, stem from upstream and midstream…