How do we solve the fossil fuel problem?
The International Energy Agency last year found that there is no room for any new coal, oil or gas if the world is to achieve net zero emissions by 2050 – a crucial target to keep global heating to 1.5°C. But how do we balance this with the stark reality that fossil fuels today account for around 80% of the world’s energy consumption and that in many countries these energy needs are growing?Renewables are cost-competitive and growing, but many countries are still hugely dependent on fossil fuels – not only for their energy needs, but also for government revenue through their exports.In this…
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