• Focus Area Future of Global Oil Markets Future of Global Oil Markets
  • Type Instant Insight
  • Date 29 December 2021
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Abstract

The special report by the Intergovernmental Panel on Climate Change (IPCC) on the impacts of global warming of 1.5 degrees Celsius (°C) above pre-industrial levels highlighted the importance of achieving net-zero emissions or a carbon-neutral future. There has subsequently been growing international pressure for net-zero commitments, with major emitting countries such as China and the United States (U.S.) announcing their targets of net-zero by 2060 and net-zero by 2050, respectively. Indeed, even major hydrocarbon producers, such as Saudi Arabia (net-zero by 2060) have joined the growing body of support.

Authors

Yagyavalk Bhatt

Fellow- Transport & Infrastructure Yagyavalk Bhatt is an energy professional with more than seven years of experience in the transportation and electricity domain. Yagyavalk…

Yagyavalk Bhatt is an energy professional with more than seven years of experience in the transportation and electricity domain. Yagyavalk leads “The Role of Clean Energy Policies: Trends in India’s Transport Sector” project, aimed at estimating India’s transport energy demand and potential impact on crude oil supply chain.

His expertise covers energy policy, energy economics, transport modeling, the impact analysis of transport policies, emerging economies energy transition, renewable energy, and cost-benefit analysis of the transport and electricity sector. He has authored and contributed to numerous research papers and studies related to the transportation and electricity sector.

 

Expertise

  • Policy Analysis
  • Transport Demand Modeling
  • Sustainable Transport
  • Clean Energy Transition
  • Renewable Energy
  • Climate Change

Publications See all Yagyavalk Bhatt’s publications

Zlata Sergeeva

Research Associate- Oil & Gas Zlata leads “The Future of Hydrocarbons in a Carbon-Managed World” project, aimed at estimating the consequences of international carbon regulation…

Zlata leads “The Future of Hydrocarbons in a Carbon-Managed World” project, aimed at estimating the consequences of international carbon regulation for hydrocarbon markets, with producers starting to offer carbon-neutral LNG and carbon-neutral oil cargos.

Previously, Zlata worked in the Energy Center of the Skolkovo Business School, where she researched natural gas and LNG markets and organized the international Energy Summer School for several hundred participants from all over the world.

Later, she joined the Business Strategy Department in NOVATEK, Russia’s leading independent gas producer, where her main focus was on strategic forecasting and international cooperation in LNG, hydrogen and CCUS.

Since 2020, Zlata has also been a member of the Future Energy Leaders Programme of the World Energy Council.

Expertise

  • Carbon-Neutral Trade of Hydrocarbons
  • LNG
  • Carbon Markets
  • Hydrogen
  • Energy Policy
  • Energy Transition in Conventional Economies

Publications See all Zlata Sergeeva’s publications

Brian Efird

Brian Efird

Director of Strategic Partnerships Brian Efird is the Director for Strategic Partnerships at KAPSARC. His responsibilities include planning and oversight of KAPSARC’s global outreach…

Brian Efird is the Director for Strategic Partnerships at KAPSARC. His responsibilities include planning and oversight of KAPSARC’s global outreach and engagement, as well as forging multiparty collaborations that conceptualize and facilitate high impact, applied research projects in the areas of energy economics, policy, and sustainability. He previously served as the Program Director for Policy and Decision Science, managing a team of researchers that covered a global program of work focused on the nexus between geopolitics, domestic and local politics, energy, and climate change. This included multi-disciplinary analysis of the geopolitics of energy and the environment, quantitative models of collective decision-making processes (CDMPs), geospatial information system (GIS) applications to energy economics and energy policy, and the impact of political phenomena on global energy markets.

Dr. Efird was previously a Senior Research Fellow at the National Defense University in Washington, D.C.; a consultant on defense and international security matters in Washington; and a consultant applying quantitative models to support corporate, investment banking, and legal negotiations in New York. He received a Ph.D. in Political Science and M.A. in International Studies from Claremont Graduate University.

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