Rapid scaling-up of solar, wind energy crucial for carbon targets, BloombergNEF says

By IM Staff
Published: Tuesday, 27 July 2021

More than three-quarters of the effort to reduce carbon emissions to net-zero by 2050 will have to be made by the power sector and through faster adoption of wind and solar options, according to the New Energy Outlook 2021 report published last week by research consultancy BloombergNEF.

Global energy-related emissions must drop to 30% below 2019 levels by 2030, and to 75% below by 2040, to be on track to reach the Paris Climate Agreement’s net-zero goal by mid-century, the report said.

The power sector must make the greatest progress over the next decade, reducing emissions...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.