An energy expert, Mr Odianosen Masade, has urged the African continent to adopt a diversified approach to the energy transition quest and leverage on its abundant gas reserves.
Masada, Publicity Secretary of the Nigerian Gas Association (NGA) expressed the view in an interview with the News Agency of Nigeria (NAN) on Monday.
He said amidst the lingering global energy crisis and calls to replace fossil fuels with renewable energy to reduce carbon emission, the NGA advocates a diversified approach to energy transition..
According to Masade, Africa needs to be cautious and consider the pertinent issues in transitioning from fossil fuel to cleaner, more sustainable energy sources.
He said Africa accounts for the least share of global greenhouse gas emissions.
Masada said, ”while Africa’s contribution is just 3.8 per cent, China, the USA and the European Union contribute 23 per cent, 19 per cent, and 13 per cent, respectively.
”While Africa is the least industrialized of all the continents of the world, it is one of the most vulnerable to climate change caused by carbon emissions.”
Masade decried that the developed economies responsible for the climate change challenges took over a century to reposition for fossil transition, while Africa is expected to transit soon.
Masade, who is also the Corporate Communications Lead, Eroton Exploration & Production Company, examined some of the socio-economic and political issues shaping the global energy market.
