According to the study, Europe may become the first continent in the world to achieve climate neutrality by 2040, thus meeting the objectives set out in the Paris Agreement. The global measures defined in the agreement aim to limit global warming to 2 degrees Celsius to counteract climate change and, to this end, solar energy is positioned as our best ally.
The three transition paths
The study proposes three possible scenarios that vary canadian ceo email lists depending on Europe's involvement in the initiatives that would make this energy transition possible. These three paths start from the current situation and lead to the possibility of achieving the objectives proposed for 2050:
The conformist path : this is the least ambitious, where fossil fuels and nuclear power plants remain part of the energy core. The slow implementation of electric transport does not allow for the end of combustion and neutrality would not be achieved by 2050.
The moderate path : CO2 emissions are eliminated and the temperature increase is reduced to 2 degrees. A more positive scenario where the objectives of the European Commission and the Paris Agreement are met. However, nuclear power plants continue to exist.
The leadership path : This is the most ambitious, where goals are achieved a decade earlier than planned. In addition, the construction of new nuclear power plants is not permitted and existing ones are decommissioned.
One of the key findings of the study is the fact that the conformist path is a burden on society, both economically and climatically. Scenarios with 100% renewable energy involve lower energy costs per unit and demonstrate that achieving climate neutrality by 2050 is more cost-effective compared to less ambitious paths.
An advantage that would benefit the business conglomerate, which would have at its disposal the possibility of contracting much more affordable renewable energy rates. The cost differences that exist today between renewable and non-renewable or conventional energy rates would disappear. And, although it would be a perfect scenario for cost savings from a business point of view, to get to this point, the prior participation of the same companies is necessary: a push today, to achieve a better future tomorrow.
