Carbon reduction paths for Chinese oil companies under the carbon peaking and carbon neutrality goals
To cope with the global warming and achieve the carbon peaking and carbon neutrality goals,Chinese oil companies have taken a series of carbon reduction measures.This paper analyzes the current carbon emissions in China and the carbon reduction measures taken by oil companies,and clarifies the challenges in carbon reduction.Finally,some carbon reduction paths are proposed for the Chinese oil companies.The results indicate that in the process of oil and gas production and utilization,greenhouse gas is mainly emitted in the upstreams.The Chinese oil companies adopt carbon capture,carbon reduction,carbon substitution,and carbon emission trading methods to reduce the carbon emissions,while maintaining energy supply and improving quality and efficiency.Moreover,some companies have been developing wind energy,solar energy,geothermal energy,hydrogen energy and marine new energy according to local conditions,gradually promoting the green transformation of energy.According to the research results and the current situation of Chinese oil enterprises,some carbon reduction paths are proposed.First,a scientific and reasonable multi-energy complementation system should be built to realize the collaborative development of conventional energy and new energy.Second,low-cost and efficient technologies should be developed in fossil energy mining,clean energy development,and digital carbon neutrality,etc.,and the initial innovation capability should be enhanced to address.Moreover,initiative actions should be taken in the new round of industrial revolution and technological transformation.Third,the exchange and cooperation with national/international enterprises,local governments,universities/colleges,and research institutes should be strengthened to ensure the advancement of associated technologies and to cultivate professional and technical talents.