The G7 has an opportunity to lead the global energy markets towards net zero emissions by 2050. In June 2021, the G7 Leaders committed to “net zero no later than 2050” and to “lead a technology-driven transition to net zero, supported by relevant policies”. These commitments demonstrate political leadership and come at a critical time, ahead of the 26th Conference of the Parties of the United Nations Framework Convention on Climate Change. G7 members – Canada, France, Germany, Italy, Japan, the United Kingdom, the United States plus the European Union – in 2020 accounted for nearly 40% of the global economy, 30% of global energy demand and 25% of global energy-related CO2 emissions.

Achieving Net Zero Electricity Sectors in G7 Members | Devamı>>>

Eliminating CO2 emissions from industry and transport in line with the 1.5⁰C climate goal

To avoid catastrophic climate change, the world needs to reach zero carbon dioxide (CO2) emissions in all all sectors of the economy by the 2050’s. Effective energy decarbonisation presents a major challenge, especially in key industry and transport sectors.

The International Renewable Energy Agency (IRENA) has produced a comprehensive study of deep decarbonisation options, focused on reaching zero into time to fulfil the Paris Agreement and hold the line on rising global temperatures.

Reaching Zero with Renewables Energy | Devamı>>>

2018 was an important year for EU energy legislation, as lawmakers rushed to complete the promises of President Jean-Claude Juncker before the end of the term in just four months time. But it is still uncertain whether these new energy laws, including the bloc’s first limits on CO2 emissions from trucks, will be passed before the March deadline.

If lawmakers run out of time, it could mean that new lawmakers have to start over from the beginning when they take office this summer, following the pan-European election in May.

EU Faces Time Crunch To Agree New CO2 Limits For Cars And Trucks | Devamı>>>