The fleet of passenger electric vehicles is set to hit 469 million in 2035 in the Economic Transition Scenario but needs to jump to 612 million by the same date in the Net Zero Scenario. Much of the gap will have to be met in emerging economies, while wealthy countries s...
2 Net-zero Spain: Europe's decarbonization hub Under the net-zero scenario, Spain could become a regional leader and clean- energy hub. Europe to double down on these proposals, as announced in the REPowerEU plan. The Spanish regulatory ...
The report provides details of how ExxonMobil’s business strategy is resilient when tested against a range of Paris-aligned net-zero scenarios, including the United Nations Intergovernmental Panel on Climate Change’s 2018 Special Report and the International Energy...
Thestudypresents a “Fast Transition” scenario showing a realistic possible future for a fossil-free energy system by around 2050. It provides 55 percent more energy services globally than we have today by ramping up solar, wind, batteries, electric vehicles, and clean fuels such as green hydro...
London and New York, July 21, 2021–Achieving net-zero carbon emissions by 2050 will require as much as $173 trillion in investments in the energy transition, according to BloombergNEF’s (BNEF)New Energy Outlook 2021(NEO), the latest edition of its...
report provides details of how ExxonMobil’s business strategy is resilient when tested against a range of Paris-aligned net-zero scenarios, including the United Nations Intergovernmental Panel on Climate Change’s 2018 Special Report and the International Energy Agency’s Net Zero by 2050 scenario...
What would a net-zero transition involve? McKinsey’s research simulates one hypothetical, orderly path toward 1.5°C, based on theNet Zero 2050 scenariofrom the Network for Greening the Financial System (NGFS). This scenario includes an estimate of the economic costs and societal adjustments requ...
Wood Mackenzie, a Verisk business (Nasdaq:VRSK), reveals in its latestAccelerated Energy Transition (AET) 1.5-Degree scenario report, that the world needs to double-down on plans to achieve the goal of limiting the rise in global temperatures to within 1.5 degrees Celsius (˚C) by 2050. ...
“When the full costs of net-zero start hitting us, if people have never been given a choice at the ballot box, we could end up with something bigger than the poll tax, certainly bigger than Brexit”[28]. ‘Reaching Net-zero by 2050’ was a prominent part of the manifesto launched by...
Lines, or MOL, became the latest Japanese company to pursue 2050 carbon neutrality June 18, announcing it will deploy net-zero emission ocean liners in the 2020s and cut greenhouse gas emission intensity by 45% by 2035. MOL's move, which advances its June 2020 vision that aims to achieve...