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Global energy, industry and financial leaders outline urgent priorities for a net-zero economy
(Climate Action, 17 Sep 2020) A new report from Energy Transitions Commission highlights the actions needed by 2030 to achieve a zero carbon economy by mid-century.
A coalition of 45 leaders from global energy producers, energy-intensive industries, financial institutions and environmental advocates – including Bank of America, BP, HSBC, Iberdrola, Ørsted, Shell, Volvo Group and the World Resources Institute among others, have argued in the report that the world can and must achieve net zero greenhouse gas emissions by mid-century.
The report, which integrates findings from the Energy Transitions Commission’s landmark 2018 Mission Possible report and subsequent region-specific studies with updated analysis to reflect the latest trends in the readiness and cost of key emission-reducing technologies, shows that clean electrification must be the primary route to decarbonisation.
It highlights that dramatic falls in cost of renewable energy make this easily affordable and argues that all growth in electricity supply should now come from zero-carbon sources with no need to build any new coal-fired power capacity to support economic growth and rising living standards.
The energy sufficiency library
eceee's energy sufficiency library contains all concept papers, workshop reports and presentations from the Energy Sufficiency project. It also highlights relevant reports from other sources to help you dig deeper and better understand what sufficiency might mean for you and our society.