Continued investments in fossil fuels are crucial even as the world aims to achieve a low-carbon future, to ensure energy access and security for people globally until the net-zero goal is met. Senior partner Micah Smith and colleagues find that the Gulf of Mexico holds a lower-carbon potential, as it releases less than half of the emissions per barrel than are released by other major basins.
![The Gulf of Mexico has among the lowest emissions per barrel of all major basins in the world.](/~/media/mckinsey/featured%20insights/charting%20the%20path%20to%20the%20next%20normal/2022/nov/gifs/cod-emissionsoil-v2-ex2-rj-shrunk-timed.gif)
To read the article, see “How the Gulf of Mexico can further the energy transition,” September 21, 2022.