Citi: Electrifying Path To Net Zero Carbon, New Report
Citi today published a report titled ‘Energy Darwinism III – The Electrifying Path to Net Zero Carbon’ outlining how much more carbon we can put up in the atmosphere and understanding where those emissions come from, as a premise to tackling climate change. The scientific community is beyond reasonable doubt that man-made emissions are changing our ecosystem and climate, and unless we change our behaviour, much more severe temperature increases are likely to result and cause more extreme weather conditions and rising sea levels. In this scenario, many of our cities and much of our infrastructure would be inundated raising the spectre of mass human migration and climate refugees. If the scientists are right, we need to start reducing emissions, and we need to start doing so now. “Our Global Integrated Energy and Emissions Framework highlights the key areas by fuel, by activity, and by country we should focus on to make the biggest impact on emissions”, says Jason Channell, Head of Sustainable Finance, CIti Global Insights.