Net-zero Carbon Emissions From Harder-to-abate Sectors is Technically and Financially Possible by Mid-century

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Press Trust of India NEW DELHI
Last Updated : Nov 20 2018 | 4:15 PM IST

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New report by the Energy Transitions Commission shows that reaching net-zero carbon emissions from heavy industry and heavy-duty transport can be done through ambitious policy, accelerated innovation, and investment, with minimal cost to the global economy
The report also shows that this would have only a minor impact on the cost of end consumer products. For example:
Across all sectors of the economy:
Key policy levers to accelerate the decarbonization of harder-to-abate sectors include:
Adair Turner, co-chair of the ETC, said, "This report sets out an optimistic but completely realistic message - we can build a zero-carbon economy with a minor cost to economic growth. We should now commit to achieving this by 2060 at the latest, and put in place the policies and investments required to deliver it."

Ajay Mathur, co-chair of the ETC, added, "Climate change imperatives, underlined most recently in the IPCC Special Report to limit global warming to 1.5C, require the world to move to near-zero carbon emissions by the 2060s or so - when many of the investments we make today would still be operational. The ETC report provides pragmatic steps to move towards zero-carbon technology options in these harder-to-abate sectors, providing both hope as well as strategic directions in these sectors."
The Energy Transitions Commission

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First Published: Nov 20 2018 | 4:15 PM IST

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