Wind and solar power will need to expand to account for over 50% of global power generation by 2040 for the world to stand a chance of meeting the Paris Agreement’s target of keeping temperature to 2℃ above pre-industrial levels. But this will require an unprecedented marshalling of investment in carbon-curbing technologies, with current expectations that coal, oil and gas could still be making up the vast majority of primary energy supply as the planet heads for a 2.8℃-3℃ rise by mid-century, according to Wood Mackenzie.
Renewables build-out 'not enough' to meet Paris targets without CCS and hydrogen
Wood Mackenzie report says decarbonising heavy-emitting capital stock needed to steer away from global heating of 2.8℃- 3℃ by 2050
25 September 2020 2:55 GMT
Updated
25 September 2020 10:54 GMT
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