Energy Outlook Review for Oil in the Sea Study

The National Academies of Sciences, Engineering, and Medicine (NASEM) contracted with Greene Economics to conduct a review of the historic and projected future global energy trends in support of a new study titled, Oil in the Sea IV: Inputs, Fates, and Effects. Greene Economics compiled data and other information on trends in the production, consumption, and transport of fossil fuel hydrocarbons. Because the future decarbonization of global energy is still evolving and highly uncertain, the review assisted the Oil in the Sea IV research committee in understanding the range of potential decarbonization pathways in the future, and therefore better analyze the potential inputs, fates, and effects of marine transportation of hydrocarbons.

Below is a graphic created by the Greene team for this effort. It compares energy use and energy sources under three scenarios.

You can read more about the work Greene Economics did and the findings in the final NASEM study here.

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