Lowering the barrier to a low-carbon energy future
2020 triggered record cuts in energy consumption and emissions amid the pandemic. Scientists estimate that total emissions avoided accounted for just 8% against the exponentially high economic cost of worldwide lockdowns.
ENERGY is central to life. It impacts how we grow food, make things, travel, live, work and play. As nations develop, energy consumption and the resulting carbon emissions can only be expected to increase.
New data in September 2020 has shown that all economic sectors need to reach net zero carbon emissions around 2050 to avoid the worst effects of global warming. And the process must start within the next 10 years, according to estimates by the United Nations Intergovernmental Panel on Climate Change.
We are at a tipping point to harness and create the kind of energy that will ensure life for many more generations to come.
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