Equinor released the 16th edition of its Energy Perspectives report. The analysis explores diverging pathways for the global energy system through 2050.
Geopolitical tension and market uncertainty drive the report's focus on energy security and affordability. The study presents two scenarios titled Silos and Arches. These models depend on levels of global cooperation and climate action.
CEO Anders Opedal stated these insights guide current and future decision-making. The report concludes that reaching the 1.5°C global warming target is highly unlikely under current conditions.