IEA lays out pathway for net-zero emissions by 2050
Report lays out 400 milestones that must be reached across a variety of sectors
Governments must take further action immediately to bring global energy-related CO₂ emissions to net zero by 2050 and give the world an even chance of limiting the global temperature rise to 1.5°C this century, according to a report from the IEA. The roadmap sets out more than 400 milestones to guide all nations to reaching net-zero emissions by 2050. These include—with immediate effect—no investment in new fossil fuel capacity and no further FIDs for new unabated coal plants. By 2035, there should be no sales of new internal combustion engine passenger cars and, by 2040, the global electricity sector should reach net-zero emissions. “Our roadmap shows the priority actions that are nee
Also in this section
10 May 2024
Launch of project powered by geothermal energy in Iceland marks step forward in push to scale up expensive direct-air-capture technology
8 May 2024
Allowance prices rise 34% since start of year as regulator imposes tighter limits and considers reduction of free allocations
7 May 2024
Policymakers should consider backing enhanced weathering as a CDR technique with benefits to the agricultural sector
3 May 2024
Developers look to government’s forthcoming budget to restore support as industry suffers loss of momentum