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Progress, Pitfalls Laid Out in IEA Net-Zero Roadmap

From energyintel.com

The 2050 net-zero emissions target is still reachable despite "stubbornly high" CO2 emissions, International Energy Agency (IEA) Executive Director Fatih Birol said while presenting the agency's updated Net-Zero Emissions (NZE) scenario. This is made possible by record growth in global clean-energy investment, which grew by 40% in the past two years and now reaches $1.8 trillion — almost twice fossil fuels' $1 trillion. Two of the transition's key technologies, solar photovoltaic (PV) and electric cars, are now in line with the NZE trajectory, Birol also said. Those two technologies alone would deliver one-third ... (full story)

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  • Category: Fundamental Analysis