‘World heading for 3°C trajectory’
- Admin
- May 2, 2024
- 1 min read
Wood Mackenzie’s analysis indicates that a five-year delay in the energy transition would result in a 3°C rise in global average temperatures and could cost $48 trillion. This scenario, exacerbated by political uncertainties and economic concerns, suggests slower growth in renewables and necessary reliance on carbon capture technologies to meet climate targets. The firm emphasizes the need for strong policy action and investment to avoid these outcomes.
Source:
Want to read more?
Subscribe to vitaliydaviy.wixsite.com to keep reading this exclusive post.
