Public perception of transitioning to a low-carbon nation: a Malaysian scenario

Author:

Wong Fadhli Wong Mohd Hasan,Foley Aoife,Del Rio Dylan Furszyfer,Rooney David,Shariff Shahidah,Dolfi Andrea,Srinivasan Geetha

Abstract

AbstractEfforts such as the Glasgow United Nations Climate Change Conference of the Parties 26, the Paris Agreement (Paris agreement, United Nations, Paris, 2015) and the United Nations Sustainable Development Goals are supporting the drive to protect the planet from global warming by ensuring sustainable development. The oil and gas industry, as key contributor to greenhouse gas emissions, must transition to more sustainable energy solutions and play their part in reducing these emissions. Currently, oil and gas companies are implementing technical solutions to achieve net zero carbon emissions. The energy transition from fossil fuel reliance has also happened by exploiting alternative renewable energy sources to meet global energy demand such as wind, solar, biogas and bioderived feedstocks. This net zero energy transition will require a fair and just transition for all in society, and to implement this, it is crucial for those working in the oil and gas industry to understand the technologies needed, the importance of carbon policies and their roles. This research presents a modified Delphi study of employees in Malaysia's national oil and gas company to understand their perceptions towards a net-zero carbon future. The paper briefly reviews Malaysia's low-carbon policy plans, its current carbon dioxide accounting balance, and identifies potential technologies for decarbonisation to set the scene for the modified Delphi study. The results indicated that the national oil and gas company has both the capabilities and the financial resources to significantly contribute towards Malaysia transitioning to a carbon neutral nation. This can be achieved by implementing advanced technologies complementing with nature-based solutions to realise net zero carbon emissions. This study also portrays the confidence that the portfolio of solutions should be executed through a coordinated effort to maximise the outcome and minimise the financial impact in terms of economical sustainability. Implementation of activities towards this energy transition will require significant social commitment, and hence, gauging their perception towards this journey is key objective of this paper. Graphical abstract

Funder

PETRONAS

Publisher

Springer Science and Business Media LLC

Subject

Management, Monitoring, Policy and Law,Environmental Chemistry,Environmental Engineering,General Business, Management and Accounting,Economics and Econometrics

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