Green Hydrogen Catapult
World’s green hydrogen leaders unite to drive 50-fold scale-up in six years
World’s green hydrogen leaders unite to drive 50-fold scale-up in six years
If there’s one thing that the brutality of the COVID pandemic has taught us, it’s the importance of shared endeavour in the face of a disruptive shock.
More and more companies are starting to become power generators by installing their own renewable energy systems on-site.
In this conversation with climate policy expert Hal Harvey, the two sustainability leaders discuss why humanity has to act globally, at speed and at scale, to meet the staggering challenge of decarbonizing the global economy.
Ten leading companies sign up to smart energy commitments on Day 2 of Climate Week NYC, including Chinese textiles supplier Changzhou New Wide.
The global campaign to rally leadership and support from businesses, cities, regions, investors for a healthy, resilient, zero carbon recovery.
It is 2050 and energy systems worldwide have been decarbonized thanks to a range of innovative solutions, investments and policy choices that set us on the pathway decades earlier. The COVID-19 pandemic response proved a milestone in kick-starting the shift towards today’s decarbonized and resilient energy system as it sparked a range of critical behavioural changes and recovery-related green investments. Reforms to our institutional, legal and regulatory frameworks gave – and continue to give – a real boost to the decarbonization of electricity, transport, heating and cooling. Currently, the energy sector provides 100 million jobs worldwide.
The energy we use is primarily electric and at least 80 percent of our electricity is being generated from renewable energy sources, and 100% from zero-carbon sources. Energy intensity has been dramatically reduced. Our present energy infrastructure is more resilient to market shocks and the impacts of climate change than the heavily centralized fossil- and nuclear-fueled systems of the past.
In addition, the active participation of the millions of people who produce, trade and consume energy has made the global energy system far more democratic and fair. We now have universal access to energy services, enabled by affordable, reliable, sustainable and modern energy sources. While the early phases of the transition were somewhat tumultuous, we succeeded in creating a fair and just transition. This is a major contributor to today’s thriving societies.
Despite the ongoing challenges of our changing climate, the future beyond 2050 looks bright. The global energy system is now decarbonised, resilient and efficient and sustainably delivers the services we need for an even more inclusive economy and healthy society.