Energy transition ‘happening fast but not quickly enough’ to stop planet heating: report

Euractiv | Sep 11, 2019 at 8:35 AM
  • The remaining carbon budget to limit global warming to 1.5°C will be exhausted as early as 2028, even as the transition to low-carbon energy gains momentum.
  • The transition to clean energy is gaining speed, with growth in solar and wind power predicted to surge by 1,000% and 500% in the next decade to reach 5 and 3 terawatts respectively, according to DNV GL’s third Energy Transition Outlook, published on Wednesday (11 September).
  • Other recommendations in the report include increasing incentives for electric cars, expanding the power grid, and providing greater economic stimulus for energy efficiency measures.