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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."
The Energy Transitions Commission
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