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CoP28 & the accelerating Energy Transition

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Summing up the key announcements out of Day 5 at CoP28 - Let's accelerate the Energy Transition, which means:

Let's increase renewables, energy efficiency and Hydrogen development even more, and also nuclear.

Let's phase down coal, oil, gas and urgently reduce the 'super pollutant' methane.

All noble aspirations...

A McKinsey Sustainability summary that finishes with advice for Industry Leaders:

1. Reduce Scope 1 & 2 emissions

2. Measure (fugitive) methane and eliminate it

3. Partner across the energy and industrial system to enable faster transition, and

4. Identify the new financing opportunities and avoid stranded assets?

https://www.mckinsey.com/capabilities/sustainability/our-insights/sustainability-blog/cop28-energy?



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