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Upstream Oil & Gas Emissions Intensity Falls 12% Since 2017; Challenge of Absolute Emissions Remains, Says Wood Mackenzie Report
In a recent analysis by Wood Mackenzie, a leading research and consultancy firm in the energy sector, findings indicate that efforts to reduce carbon emissions in the upstream oil and gas industry have resulted in a 12% reduction in scope 1 and 2 emissions intensity since 2017. Despite these advances, the report titled “Is upstream…