Fossil fuels needed through 2050, Energy Secretary Granholm tells industry

HOUSTON, Texas — TThe world will require it fossil fuels They have been around for many decades, but must be coupled with technology that captures their greenhouse gas emissions. Energy Secretary Jennifer Granholm Tuesday, March 23rd.

Biden’s administration hopes the U.S. will achieve net-zero emission by 2050 in order to limit global warming. Although it is attempting to eliminate oil, natural gas and coal by using renewable energy and other electric technologies, forecasts including those from the Energy Information Administration show otherwise. prolonged demand for traditional energy sources.

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“We know that even the boldest projections for clean energy deployment suggest that, in the middle of this century, we’ll be using abated fossil fuels,” Granholm made these remarks during comments at CERAWeek By S&P Global’s annual Houston industry conference.

“Abated” This refers to the combustion of fossil fuels in conjunction with carbon management technologies. These capture and store emissions that can then be prevented from reaching the atmosphere.

“We need both traditional and new energy,” Granholm was also asked by President Joe Biden to raise oil production in order to reduce high prices domestically and globally.

As many lawmakers and environmental organizations push for policy changes to stop new oil and gaz development, and to reduce climate change, her pronouncement is timely.

Administration has supported