IRENA | Only seven industry and transport sectors will account for 38% of all CO2 emissions globally in 2050 unless there are significant changes in current approaches. Concerted action beyond planned policies can turn the page within the remaining 40 years and achieve zero emissions in heavy industry and transport by around 2060, a key requirement to limit global temperature rises to 1.5°C. The use of renewables will be central, accelerated through the rapid falls in technology and power costs.
Renewable energy solutions for each of these sectors are available and could play a much larger role than previously assumed, preliminary findings of IRENA’s new upcoming report Reaching Zero with Renewables show. Yet, for energy-intensive industrial sectors like iron and steel, chemicals, cement and aluminum as well as long distance aviation, shipping and road freight transport, the options are not yet commercially mature and ready for wide adoption.
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