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Keeping your stakeholders engaged is critical to the advancement of your organisation's decarbonisation strategy. But when they’re juggling multiple priorities, how can you ensure net zero remains high on the list?
A new report from the University of Oxford has found that net-zero pathways heavily dependent on carbon capture and storage (CCS) will cost at least $1tn more per year than scenarios involving renewables. The report highlights the gross underestimation by countries pushing for CCS technology as a substitute for immediate emissions cuts. Transitioning to renewables to reach net zero emissions would cost at least $30tn less. The report also warned that heavy dependence on CCS would be economically damaging and called for governments to scale up investment and stick to essential use cases for CCS...
This underscores the potential for robust expansion in solar, wind, and battery deployment. Findings from RIM (formerly the Rocky Mountain Institute) suggest wind and solar energy will provide over 33% of global electricity by 2030.
The Transforming from Brown to Green: Stepping up Your Game to Attract Investors conference brought together over 100 industry leaders to discuss efforts in restoring value and investors to businesses.
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