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Urgent Deployment of Existing Technology Can Get World Close to Net Zero, BloombergNEF’s New Energy Outlook 2024 Shows

3BL Media

The new report indicates that the speed with which clean technologies and decarbonization of the power sector are scaled up is crucial. Thanks to the combined impacts of clean power, EVs and energy efficiency, emissions in 2050 in the ETS are half what they would otherwise be without these technologies, or down 27% from current levels.

Net Zero 173
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Biden Administration Unveils Strategy to Decarbonize Transportation Sector

ESG Today

to the Paris Agreement on the president’s first day in office, committing the country to achieve net zero by 2050, and following up with an interim target to reduce economy-wide greenhouse gas (GHG) emission by 50-52% in 2030. The Biden administration has made climate action a key focus, beginning with the return of the U.S.

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Bloomberg report: Urgent deployment of existing technology can get world close to net zero

Envirotec Magazine

Although prevailing wisdom holds that time is running out, BloombergNEF’s New Energy Outlook 2024 seemingly shows how the world could still achieve the major goal of the Paris Agreement – holding global warming to well below 2°C and avoiding the worst impacts of climate change – and what it would take to get there.

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We’ve taken stock of corporate climate action and business knows what it needs to deliver the clean energy transition

We Mean Business Coalition

Our process was launched in May in support of the Global Stocktake (GST) process – the UNFCCC led report card on progress since the Paris Agreement.  The Synthesis report released last week confirmed what we already knew, “the world is not on track to meet the long-term goals of the Paris Agreement.”