Decarbonization [New] Deep decarbonization of the world's energy system is still 15 years away, with carbon emissions set to remain high until the mid-2030s. [New] To reduce Europe's greenhouse gas emissions by at least by 55% by 2030, we need to significantly increase the share of renewable energy. [New] U.S. carbon emissions are expected to rise from 1700 million tons of carbon per year today to 2300 million tons of carbon by the year 2030. [New] The deployment of digital clean tech already in the field could enable 15% of the emission reductions needed in the UK between now and 2030, reducing 2030 emissions by 7.2 million tonnes. [New] China's demand for natural gas, which emits half the carbon dioxide of coal, is projected to rise to 15% of total primary energy consumption by 2030, driven by power generation and residential sectors. [New] Over the coming decades, at least $2 trillion each year will be invested around the world in the transition to low carbon power, transport, heat and localised, digitally connected energy systems. [New] The EU should set a target to cut its greenhouse gas emissions by at least 55% by 2030, against 1990 levels, confirming plans laid out in draft Commission documents. [New] By the middle of the century, if emissions continue on their current trajectory, parts of Arizona could be over 95 degrees half of the year. [New] The shift to renewable resources is growing by the year, and it is expected by 2050 that renewables will provide approximately 80% of the worldwide power supply, having a great impact on reducing greenhouse gas emissions. [New] Oneworld member airlines have committed to net zero carbon emissions by 2050, becoming the first global airline alliance to unite behind a common target to achieve carbon neutrality. [New] Sustainable Development Scenario outlines path to global net zero emissions by 2070, targets limiting global temperature rise to 1.65 °C and global CO2 emissions falling to less than 10bn tons by 2050. [New] The UK would continue to use natural gas for many years to come and that carbon capture and storage would have an essential role in meeting the target of net zero emissions by 2050. [New] The global market for low carbon goods and services is expanding much faster than the overall economy, with the global market for low-carbon financial services growing at annual average rates in excess of 10% through to 2030. [New] The Scottish Government has launched its Green Investment Portfolio inviting investors to get behind more than £1 billion of low carbon, eco-friendly and recycling opportunities. [New] To avoid the worst effects of climate change, the United States must adopt aggressive policies to achieve net-zero carbon emissions from the mobile sector by 2050. [New] The first UK-wide citizens' assembly on climate change said today it has set out a clear, internally consistent and timely path for how the UK can reach its legally binding target of net-zero emissions by 2050. [New] As part of the European Green Deal, new targets are being suggested based on the above-mentioned scenarios: the European Commission has set an aspirational target of 90% reduction in transport emissions by 2050 in order to achieve overall climate neutrality. [New] Last year Luxembourg launched a 10-step framework to implement the United Nations' 17 sustainable development goals and drafted a climate law to cut greenhouse emissions by 55% until 2030. [New] New York State has set ambitious targets to reduce its GHG emissions by 40% by 2030 and 80% by 2050 from 1990 levels. [New] Indian Railways has embarked on a mission to improve energy efficiency and replace fossil fuel sources with renewable energy sources like solar and wind to achieve net zero carbon emissions by 2030. [New] Global carbon dioxide emissions from fossil fuels reached record highs in 2019, though they are expected to be 4-7% lower in 2020 than last year as a result of pandemic lockdowns. The EU wants to upgrade its 2030 emissions-cutting target, to steer its economy towards becoming climate neutral by 2050, and lead global efforts to curb emissions at a rate that would avoid the worst impacts of climate change. Only 13% of natural gas used globally in 2050 will be stripped of carbon dioxide, posing a major challenge in reaching the goals of the Paris climate agreement. See full forecast Last updated: 20 September 2020 Hi, Would you like a quick online demo of our service from an experienced member of our team? Yes No Hi, Would you like a quick online demo of our service from an experienced member of our team? Yes No
