Illustration: Aïda Amer/Axios

Norway is poised to win and Canada is likely to lose when it comes to oil and gas in a world tackling climate change.

Driving the news: Norway has the lowest carbon dioxide intensity per produced barrel of oil equivalent, while Canada has the highest, according to new data from consultancy Rystad Energy.

Why it matters: In a world drastically reducing heat-trapping emissions, producers with the cleanest fossil fuels relative to each other will fare best. That's because even in a 2050 future with drastically fewer emissions, society will still need oil and gas, it will just be a lot less — and cleaner.

Flashback: I likened this concept to a crude musical game of chairs in a column from September 2019.

  • The world’s oil, natural gas and coal producers are, metaphorically speaking, encircling a bunch of chairs, and as the world tightens its grip on heat-trapping emissions, the use of these fuels will drop — as will the number of chairs.

One level deeper: Not all oil and gas is the same. The producers remaining at the end will be there because they have the cleanest oil and gas. Canada, for example, relies on a heavy kind from its oil sands whose carbon intensity is high compared to other kinds.

The big picture: The U.S., as the world's biggest producer of oil and gas, is also the world's biggest overall emitter of carbon from oil and gas, Rystad found. Its intensity per barrel of oil equivalent is fifth, after Norway and three Middle Eastern countries.

Go deeper: Fossil fuels bracing for crude game musical chairs

Go deeper

Ben Geman, author of Generate
Sep 2, 2020 - Energy & Environment

The energy jobs that Gen Z wants

Data: Morning Consult; Chart: Axios Visuals

Members of Generation Z are far more interested in careers in renewable energy than nuclear power or fossil fuels, new Morning Consult polling shows.

Why it matters: The new data underscores a much-discussed problem facing the oil-and-gas and nuclear sectors: Attracting young talent.

Updated 58 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 9:30 p.m. ET: 30,666,122 — Total deaths: 954,905— Total recoveries: 20,902,432Map.
  2. U.S.: Total confirmed cases as of 9:30 p.m. ET: 6,764,369 — Total deaths: 199,258 — Total recoveries: 2,577,446 — Total tests: 94,211,463Map.
  3. Politics: In reversal, CDC again recommends coronavirus testing for asymptomatic people.
  4. Health: The dwindling chances of eliminating COVID-19.
  5. World: Guatemalan president tests positive for COVID-19 — The countries painting their pandemic recoveries green.
Updated 3 hours ago - Technology

Trump agrees to TikTok deal

Illustration: Sarah Grillo/Axios

President Trump on Saturday said he approved "in concept" a deal whereby TikTok will be allowed to continue operating in the U.S., with Oracle as its "trusted technology partner."

Why it matters: TikTok has nearly 100 million U.S. users, and is still growing fast. Trump has threatened to ban it, due to data privacy concerns related to TikTok's ownership by Chinese tech company.