[ad_1]
Governments and companies worldwide are pledging to achieve net-zero emissions of greenhouse gases. What would it take to fulfill that ambition? In a new report, McKinsey looks at the economic transformation that a transition to net-zero emissions would entail—a transformation that would affect all countries and all sectors of the economy, either directly or indirectly. McKinsey estimates the changes in demand, capital spending, costs, and jobs, to 2050, for sectors that produce about 85 percent of overall emissions and assess economic shifts for 69 countries.
Achieving net zero would mean a fundamental transformation of the world economy, as it would require significant changes to the seven energy and land-use systems that produce the world’s emissions: power, industry, mobility, buildings, agriculture, forestry and other land use, and waste. To bring about these changes, nine key requirements (encompassing physical building blocks, economic and societal adjustments, and governance, institutions, and commitment) would need to be fulfilled against the backdrop of many economic and political challenges.
This means addressing dozens of complex questions, including: what is the appropriate mix of technologies that need to be deployed to achieve emissions reductions while staying within a carbon budget, limiting costs, and delivering required standards of performance? Where are supply chain and infrastructure bottlenecks most likely to occur? Where might physical constraints, whether related to the availability of natural resources or the scale-up of production capacity, limit the pace of the transition? What levels of spending on physical assets would the transition require? Who would pay for the transition? How would the transition affect companies’ markets and operations? What would it spell for workers and consumers? What opportunities and risks would it create for companies and countries? And how could consumers be encouraged to make changes to consumption and spending habits that will be necessary to ensure the transition?
In this report, McKinsey attempts to answer some of these questions, namely, those pertaining to the economic and societal adjustments. McKinsey provides estimates of the economic changes that would take place in a net-zero transition consistent with 1.5°C of warming. McKinsey seeks to build and expand upon the vast external literature on the net-zero transition, in order to offer a more detailed and granular view of the nature and magnitude of the economic changes that it would entail. As a result, our estimates of the annual spending on physical assets for a net-zero transition exceed to a meaningful degree the $3 trillion–$4.5 trillion total spending estimates that previous analyses have produced.
The full report, The net-zero transition: What it would cost, what it could bring, as well as a PDF summary, can be downloaded for free here.
[ad_2]
Source link
Exceptional, impressive work
linetogel
linetogel
nice content!nice history!! boba 😀
wow, amazing
nice content!nice history!! boba 😀
nice content!nice history!! boba 😀
nice content!nice history!! boba 😀
wow, amazing
wow, amazing
nice content!nice history!! boba 😀
nice content!nice history!! boba 😀
wow, amazing
wow, amazing
nice content!nice history!! boba 😀
wow, amazing
wow, amazing
nice content!nice history!! boba 😀
hello
wow, amazing
nice content!nice history!! boba 😀
nice content!nice history!! boba 😀
nice content!nice history!! boba 😀
nice content!nice history!! boba 😀
nice content!nice history!! boba 😀
scam
phising
scam
phising
phising
scam
phising
phising
lost money
I highly advise to avoid this site. My personal experience with it has been only dismay along with concerns regarding deceptive behavior. Be extremely cautious, or alternatively, look for a more reputable platform for your needs.
I strongly recommend steer clear of this platform. My personal experience with it has been purely frustration as well as suspicion of deceptive behavior. Be extremely cautious, or even better, find an honest platform to fulfill your requirements.
I strongly recommend stay away from this site. My personal experience with it has been nothing but frustration along with suspicion of scamming practices. Exercise extreme caution, or even better, seek out a trustworthy platform to meet your needs.
I highly advise to avoid this site. My own encounter with it was purely disappointment as well as concerns regarding scamming practices. Exercise extreme caution, or alternatively, find a trustworthy site to meet your needs.
I strongly recommend steer clear of this platform. My own encounter with it was only dismay along with doubts about deceptive behavior. Be extremely cautious, or alternatively, look for an honest platform for your needs.
I highly advise stay away from this site. My personal experience with it was purely disappointment as well as concerns regarding scamming practices. Proceed with extreme caution, or even better, look for a trustworthy service to fulfill your requirements.
I strongly recommend steer clear of this site. My personal experience with it has been only dismay and concerns regarding deceptive behavior. Be extremely cautious, or alternatively, seek out an honest platform for your needs.
I urge you steer clear of this site. My own encounter with it was purely dismay and concerns regarding fraudulent activities. Exercise extreme caution, or better yet, look for a more reputable site to fulfill your requirements.
I highly advise stay away from this site. The experience I had with it has been purely frustration along with suspicion of scamming practices. Proceed with extreme caution, or alternatively, find a trustworthy service to fulfill your requirements.
I highly advise steer clear of this site. The experience I had with it was purely disappointment along with doubts about fraudulent activities. Proceed with extreme caution, or alternatively, look for a more reputable site to meet your needs.
I highly advise to avoid this platform. My personal experience with it was purely dismay and concerns regarding fraudulent activities. Be extremely cautious, or even better, find a more reputable service to fulfill your requirements.
I strongly recommend stay away from this platform. My own encounter with it was nothing but disappointment as well as doubts about deceptive behavior. Be extremely cautious, or even better, seek out an honest platform to fulfill your requirements.
I strongly recommend to avoid this platform. My own encounter with it was purely frustration as well as suspicion of deceptive behavior. Exercise extreme caution, or better yet, seek out a trustworthy site for your needs.
I highly advise stay away from this site. The experience I had with it has been nothing but disappointment as well as suspicion of fraudulent activities. Be extremely cautious, or alternatively, find a trustworthy site to meet your needs.
I strongly recommend to avoid this site. The experience I had with it was nothing but disappointment and suspicion of deceptive behavior. Proceed with extreme caution, or better yet, look for a trustworthy site to meet your needs.
I strongly recommend to avoid this platform. The experience I had with it has been purely frustration and doubts about deceptive behavior. Be extremely cautious, or even better, look for an honest service to fulfill your requirements.
I strongly recommend steer clear of this site. My personal experience with it was purely frustration along with concerns regarding deceptive behavior. Be extremely cautious, or alternatively, seek out a more reputable service for your needs.