Technology key to meeting Paris Agreement
Electrification and changes to the energy mix, if supported by governments, would mean climate goal is within reach—DNV GL
Existing technology would be enough to contain global warming to the COP21 pledge of 1.5°C but only if the energy transition is backed by strong enforcement of policies set out in the Paris Agreement, according to standards agency DNV GL at its annual Energy Transition Outlook event. Crucially, it also predicts that the transition would be affordable. DNV GL predicts that energy use will peak by 2030, when efficiency improvements start to outpace economic growth. However, although it foresees a rapid energy transition—with a doubling of electricity in the demand mix by 2050 and a steep decline in oil from 2030—it does not expect emissions to fall fast enough to limit warming to 2°C. The fore
Also in this section
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny
