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Statoil launches analysis of carbon outcomes

The major launched its fifth annual Energy Perspectives in June to assess the scale of the carbon emission problem

The world envisaged by hopeful politicians – where the temperature rises by no more than 2ºC for the coming few decades – is a very long way from where we are today. Something of the scale of the problem emerges from a new study by Statoil. In June, the state-owned major launched its fifth annual Energy Perspectives, which analyses three scenarios to illustrate a range of carbon outcomes, depending on which elements of each most closely reflect reality. While action to limit emissions has a cost, the alternative could be much costlier, hence the need to act now. Like the International Energy Agency, Statoil does not question the link between higher carbon dioxide emissions and rising tempe

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