The Energy Transition in 4 Charts

The world risks relying on fossil fuels for decades to come 

Even under an aggressive-action scenario, the outlook is dim for keeping global warming below 2° C, with emissions plateauing but not yet falling in the 2030s.
“The energy mix is changing only gradually, and the world risks relying on fossil fuels for decades to come,” Wood Mackenzie president Neal Anderson writes.

“Despite great efforts to reduce costs in renewables, electricity, zero-carbon technologies and advanced transportation — not to mention burgeoning support in governmental policies — it is not enough,” Anderson said.

“Our analysis sees carbon emissions continuing to rise into the 2020s, with growth slowing only in the 2030s. As a result, our Energy Transition Outlook (3° C) and Carbon-Constrained Scenario (2.5° C) fall outside the 2° C or lower trajectories.”

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