Carbon emissions, caused predominantly by the burning of fossil fuels, also peak in the mid 2020s in both scenarios, which are as follows:
- The Current Trajectory scenario is based on climate policies and carbon reduction pledges already in place.
- The Net Zero scenario assumes a significant tightening of climate policies aligned with the 2015 U.N.-backed Paris climate agreement to cut the world's carbon emissions by around 95% by the middle of the century.
Following are key points from the report:
Reuters Graphics
ENERGY DEMAND AND CARBON EMISSIONS
Primary energy demand in the Current Trajectory rises up to the mid-2030s before broadly plateauing as continuing increases in energy consumption in emerging economies, excluding China, are broadly offset by declines in developed economies and eventually in China.
(continue reading in
Reuters)